If Iran war drags on, the world could literally run out of enough oil to keep refineries running by September 2026
Add the impact of fixed cost, repair and maintenance cost, depreciation and restart cost (whenever it starts back), the economic loss would be catastrophic submitted by /u/hsg8 [link] [comments]
ORIGINAL SOURCE →via Reddit r/economy
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · IR
- [HEALTH] In the name of immunity, for the sake of the sacred: An analysis of the Iranian government's response to the COVID-19 ou
- [CONFLICT] İran'dan İngiltere ve Fransa'ya Hürmüz uyarısı
- [CONFLICT] Iran's enriched uranium under US surveillance, will be extracted 'at some point', Trump says
- [DIPLOMACY] Trump-Netanyahu bond fraying as Iran conflict continues without resolution - report
- [CONFLICT] US need only two weeks to hit all Iran targets — Trump
- [CONFLICT] Trump: İran'da zenginleştirilmiş uranyumun bulunduğu tesisi gözetim altında tutuyoruz