Originally Posted by
Excargodog
Not even suggesting it, just saying it COULD. The point is, every economic challenge has workarounds. They may take some time to implement but just as nature hates a vacuum, the
market will eventually flow around an obstruction.
True, market demand clears its own pathways. As obstructions go otoh, this one’s a doozy. Yergin mentioned pending inventory shortfalls. He’s clearly not alone in that opinion. Industry pundits and most oil bosses have sounded the alarm on likelihood of delivery interruptions approaching this summer into fall. Particularly in Asia. A third of global fertilizer export is gone. Tehran is all out of friends. Even so, any doubts who’ll carry the blame for all this?