How the big oil and gas CEOs think the Iran war supply disruption will play out

[Javaman]

https://www.cnbc.com/2026/03/28/iran-war-oil-companies-price-gas-diesel-strait-hormuz.html

KEY POINTS
Oil industry executives painted a grim picture of the Iran war supply disruption at S&P Global’s annual CERAWeek energy conference in Houston.

They warned that the disruption is bigger than the markets understand and prices are unlikely to return to pre-war levels soon.

The disruption to jet fuel, diesel and gasoline is even bigger. Shortages are rippling through Asia and will hit Europe by April, they said.

Security experts said escalation of the war is likely.

The conflict could break the Gulf Arab nations economies.

So much more at link

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Buckle up folks and brace for impact. The shit is about to get very real

Plant a garden now, grown something on your kitchen counter or balcony. You will be thankful you did.

Store rice and beans in airtight containers or vacuum sealers. Buy seeds. Make sure you have an ample supply of your meds.

[newdeal2]

1. Just in time for summer holidays and the midterms

Maybe the voters will get tired of so much winning.