From Gas Pumps to Grocery Aisles: The Cascading Costs of the Iran War

[Yo_Mama_Been_Loggin]

The modern global economy depends on a small number of narrow maritime chokepoints. The most important of them may be the Strait of Hormuz.

Every day, tankers carrying oil and liquefied natural gas pass through a narrow stretch of water between Iran and the Arabian Peninsula. Roughly 20 million barrels of oil per day—about 20 percent of global petroleum consumption—move through that corridor, along with roughly one-fifth of the world’s liquefied natural gas trade.

Every day, the energy that powers factories in Europe, fuels cars in the United States, and keeps electricity flowing across much of Asia passes through that single corridor.

At its narrowest point, the shipping lane is barely 21 miles wide. It is one of the tightest and most strategically important passages in the global energy system.

https://www.lincolnsquare.media/p/from-gas-pumps-to-grocery-aisles

[bucolic_frolic]

1. Gross-err-eez

Has Trump ever been in a supermarket in his life? I doubt it.

[Skittles]

2. NO HE HAS NOT

that is why he finds the word groceries "old fashioned"