Economic Impacts of Iran War
#41
Thread Starter
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,098
Likes: 788
From: Engines Turn or People Swim
We recently found how much they "make"... it *costs* AS $25 million per year for the privilege of hauling Bezos' boxes around the sky.
#42
Line Holder
Joined: Jul 2022
Posts: 1,607
Likes: 185
From: 787 FO
#43
Thread Starter
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,098
Likes: 788
From: Engines Turn or People Swim
But the system will adapt, one way or another, if this drags out. They're already talking about it in the biz media...
https://europeanbusinessmagazine.com...-critical-oil/
It doesn't take much to spook insurers who are risk averse, and also averse to hard-to-quantify risk.
It takes a lot more to actually physically interdict a relevant % of shipping... we did it to the IR Navy, but of course we have multiple CSG's, surface combatants, subs, and numerous land-based tacair in theater.
#44
Gets Weekends Off
Joined: Jul 2013
Posts: 5,276
Likes: 99
.......THIS VVVVVVV
I find it amazing you get the last word in the other threads before you close them out. And now new rules of no partisan politics on why it started or whether it should have started. It’s here so let’s discuss that reality, I agree. But that conversation should have a portion which is why we got here to begin with. Because those are some ugly answers.
And you removed the post, and others, that WERE FLAME.
#45
On Day Zero, it doesn't take much at all... underwriters get spooked, ships drop anchor.
But the system will adapt, one way or another, if this drags out. They're already talking about it in the biz media...
https://europeanbusinessmagazine.com...-critical-oil/
It doesn't take much to spook insurers who are risk averse, and also averse to hard-to-quantify risk.
It takes a lot more to actually physically interdict a relevant % of shipping... we did it to the IR Navy, but of course we have multiple CSG's, surface combatants, subs, and numerous land-based tacair in theater.
But the system will adapt, one way or another, if this drags out. They're already talking about it in the biz media...
https://europeanbusinessmagazine.com...-critical-oil/
It doesn't take much to spook insurers who are risk averse, and also averse to hard-to-quantify risk.
It takes a lot more to actually physically interdict a relevant % of shipping... we did it to the IR Navy, but of course we have multiple CSG's, surface combatants, subs, and numerous land-based tacair in theater.
What This Means for Britain — and Europe
For the UK, the implications are uncomfortable. Lloyd’s withdrawal was not an act of strategic calculation — it was a risk management decision made under acute commercial pressure. But the consequence is a permanent reduction in British financial infrastructure’s role in the most strategically important shipping corridor on earth. The long-term consequences for European financial influence in global energy markets are significant and largely unexamined in the current coverage of the conflict.
Europe, which imports a substantial proportion of its energy through Gulf routes, now finds itself doubly dependent on American goodwill — for both the physical security of those routes and the financial infrastructure that makes commercial shipping through them viable. That dependency has always existed in military terms. It now exists in financial terms too.
The 300-year empire died in 48 hours. And the nation that replaced it did not fire a single additional shot to do it.
FAQ
Q: Why did Lloyd’s of London pull maritime insurance from Gulf shipping?Iran’s attacks on Gulf shipping caused maritime insurance rates to spike by 400% in a very short period, creating commercially unacceptable risk exposure for Lloyd’s underwriters. The withdrawal was a risk management decision rather than a strategic one — but its geopolitical consequences have been profound, opening a vacuum that American insurers and the US Navy moved to fill within 48 hours.
Q: What does America’s takeover of Gulf maritime insurance mean for global oil markets? America now controls both the physical escort corridor through the Strait of Hormuz and the financial infrastructure — insurance — that makes commercial oil shipping through it viable. This gives the United States structural leverage over the global energy supply chain that extends well beyond the current conflict. Nations that depend on Gulf energy imports are now operationally dependent on American financial and military infrastructure in a way that has no modern precedent.
For the UK, the implications are uncomfortable. Lloyd’s withdrawal was not an act of strategic calculation — it was a risk management decision made under acute commercial pressure. But the consequence is a permanent reduction in British financial infrastructure’s role in the most strategically important shipping corridor on earth. The long-term consequences for European financial influence in global energy markets are significant and largely unexamined in the current coverage of the conflict.
Europe, which imports a substantial proportion of its energy through Gulf routes, now finds itself doubly dependent on American goodwill — for both the physical security of those routes and the financial infrastructure that makes commercial shipping through them viable. That dependency has always existed in military terms. It now exists in financial terms too.
The 300-year empire died in 48 hours. And the nation that replaced it did not fire a single additional shot to do it.
FAQ
Q: Why did Lloyd’s of London pull maritime insurance from Gulf shipping?Iran’s attacks on Gulf shipping caused maritime insurance rates to spike by 400% in a very short period, creating commercially unacceptable risk exposure for Lloyd’s underwriters. The withdrawal was a risk management decision rather than a strategic one — but its geopolitical consequences have been profound, opening a vacuum that American insurers and the US Navy moved to fill within 48 hours.
Q: What does America’s takeover of Gulf maritime insurance mean for global oil markets? America now controls both the physical escort corridor through the Strait of Hormuz and the financial infrastructure — insurance — that makes commercial oil shipping through it viable. This gives the United States structural leverage over the global energy supply chain that extends well beyond the current conflict. Nations that depend on Gulf energy imports are now operationally dependent on American financial and military infrastructure in a way that has no modern precedent.
#46
Line Holder
Joined: Jul 2022
Posts: 1,607
Likes: 185
From: 787 FO
Asymmetrical.
#47
off weekends (if Reserve)
Joined: May 2023
Posts: 1,181
Likes: 113
All the threads that have started here recently including two by me that deal in principle with the conflicts ancillary impact on our careers and/or career progression……have been swiftly shut down by fangs.
Every time an important topic gets shut down this is what comes to mind:
https://www.youtube.com/watch?v=Ame0j8jbMY4
It is not that I am advocating for discussing politics, it’s just that a discussion like this thread will be impossible without some subjective input that won’t be shared by all users…so maybe just a little tolerance. In addition your website has always been a place for (atleast me) to gauge insight on important things that may be seen as inappropriate or uncomfortable for the flight deck.
Last edited by 11atsomto; 03-13-2026 at 10:29 AM.
#48
You had it right before.
Iran can lay low for a while, and when the traffic starts flowing drop a few mines and send a few drones. All they need is one burning tanker or even the threat of one in the SOH. The US DOE Sec already said no escorts until next month at the earliest and I don't think escorts will be close to 100% effective.
Asymmetrical.
Iran can lay low for a while, and when the traffic starts flowing drop a few mines and send a few drones. All they need is one burning tanker or even the threat of one in the SOH. The US DOE Sec already said no escorts until next month at the earliest and I don't think escorts will be close to 100% effective.
Asymmetrical.
#49
https://www.axios.com/2026/03/13/mar...-us-deployment
One has to wonder if these people are Kharg Island bound. While I don’t necessarily think US BOG is a good idea, putting them on an island 18 miles off the coast of Iran that controls 90% of Iran’s oil exports is probably the least bad idea of BOG options. And I can’t think what else they may be going in for. While the escorts add add marginally to anti drone/missile capability, the Tripoli is a big high value target with a lot of concentrated personnel on board that I’d keep out of drone range unless I actually planned to use the 2200 Marines for an amphibious assault.
One has to wonder if these people are Kharg Island bound. While I don’t necessarily think US BOG is a good idea, putting them on an island 18 miles off the coast of Iran that controls 90% of Iran’s oil exports is probably the least bad idea of BOG options. And I can’t think what else they may be going in for. While the escorts add add marginally to anti drone/missile capability, the Tripoli is a big high value target with a lot of concentrated personnel on board that I’d keep out of drone range unless I actually planned to use the 2200 Marines for an amphibious assault.
#50
When threads veer off into repeated violations of the posted Forum Rules, despite repeated warnings to abide by said rules, they get shut down. Per the TOS.
Thread
Thread Starter
Forum
Replies
Last Post



