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Old 05-06-2026 | 09:48 AM
  #1657  
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rickair7777
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From: Engines Turn or People Swim
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Good news (for pro USA people)... Iran is now capping oil wells, due to lack of additional storage capacity to handle continued production.

Once capped it's not easy to restart production, can't just flip a switch back on (google if you want all the petro engineering technical details).

Worse (for them), the longer they stay capped, the lower the ultimate production value becomes once restarted. So they are wasting more and more of their economic future every day the blockade continues.

That tends to imply that they should want a deal. Whether they comply with the terms of the deal is another story entirely (they probably will for the duration of Trump, especially since he can easily restart the blockade in mid Nov if needed).

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