Iran

[ButchPlz]

It is closed because insurers have informed their clients they will not cover losses for anyone transiting the straight. Not because Iran has the capability to actually close the straight.

Is royal azzhole your normal look?

So we circle back to the point that they're closing it for no reason?

 

[hog88]

So we circle back to the point that they're closing it for no reason?

No, the reason is because there is a risk that the insurers will not accept.

 

[ButchPlz]

No, the reason is because there is a risk that the insurers will not accept.

Caused by what?

 

[hog88]

Caused by what?

Look clown.

The what is threats by Iran. But again I say Iran does not have the resources or ability to close the straight. If the insurers agreed to cover losses the straight would be open.

 

[ButchPlz]

Look clown.

The what is threats by Iran. But again I say Iran does not have the resources or ability to close the straight. If the insurers agreed to cover losses the straight would be open.

But clearly someone that has money at stake believes the threats are real enough to say "no" to cover losses. Just because you are pretending there is no root cause to this, people way smarter and with way better information than Backwoods Bob are making decisions that have actual impact and tell a different story.

You can call me a clown all you want. I'll happily put on my face makeup right next to you and sleep just fine knowing that at least my brain has a few wrinkles in it.

 

[hog88]

But clearly someone that has money at stake believes the threats are real enough to say "no" to cover losses. Just because you are pretending there is no root cause to this, people way smarter and with way better information than Backwoods Bob are making decisions that have actual impact and tell a different story.

You can call me a clown all you want. I'll happily put on my face makeup right next to you and sleep just fine knowing that at least my brain has a few wrinkles in it.

I never even implied that there is no root cause. You're just trying to pick a fight you don't have a chance at winning by lying which is typical for you.

 

[ButchPlz]

I never even implied that there is no root cause. You're just trying to pick a fight you don't have a chance at winning by lying which is typical for you.

Lying about what?

 

[hog88]

Lying about what?

All posts with blatant lies.

Nice to know they're closing it for no reason.

Definitely more insightful than a smoothbrain claim that an insurance company is out there keeping a strait closed for absolutely no reason whatsoever.

But clearly someone that has money at stake believes the threats are real enough to say "no" to cover losses. Just because you are pretending there is no root cause to this, people way smarter and with way better information than Backwoods Bob are making decisions that have actual impact and tell a different story.

You can call me a clown all you want. I'll happily put on my face makeup right next to you and sleep just fine knowing that at least my brain has a few wrinkles in it.

 

[lawgator1]

Yep, and it just made it twice as hard to make the Iranians agree to anything.

They never were. Trump has been played.

 

[BeardedVol]

Look clown.

The what is threats by Iran. But again I say Iran does not have the resources or ability to close the straight. If the insurers agreed to cover losses the straight would be open.

Insurer's aren't prohibiting transit of the strait.

28 Ships Safely Transit Strait Of Hormuz In Past 24 Hours Under IRGC Navy Security, Says Iran

Marine Insight - The maritime industry guide.

www.marineinsight.com

Shipping companies are are passing on the increased war insurance premiums to their customers.

How War Risk Surcharges Drive Up Shipping Container Prices

War risk surcharges tied to escalating tensions in the Middle East are expected to drive higher shipping container prices for consumers.

usacontainers.co

 

[ButchPlz]

All posts with blatant lies.

So...which part? The part where I called you a smoothbrain (objectively accurate). The part where you outright said Iran wasn't closing the strait, insurance companies were (gross and misleading simplification that sounds more like a reddit headline than anything factual) and I called you out on it? The part where I dared to say someone may have more information than you? None of those are "lies". I suggest researching what that word actually means.

Arrogant, stupid, and senile are a bad look, but I guess look at our president to see the state of the country's population. I guess once you're done running a business where you can't figure out how to source parts and hire people, I guess you can hop over with me into clown makeup sales.

 

[hog88]

Insurer's aren't prohibiting transit of the strait.

28 Ships Safely Transit Strait Of Hormuz In Past 24 Hours Under IRGC Navy Security, Says Iran

Marine Insight - The maritime industry guide.

www.marineinsight.com

Shipping companies are are passing on the increased war insurance premiums to their customers.

How War Risk Surcharges Drive Up Shipping Container Prices

War risk surcharges tied to escalating tensions in the Middle East are expected to drive higher shipping container prices for consumers.

usacontainers.co

Maritime insurers cancel war risk cover in Gulf: Will it hike energy costs?

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

https://www.weforum.org/stories/202...urning-governments-into-insurers-last-resort/

 

[Redleg68]

They never were. Trump has been played.

Maybe, but one thing for sure: "You never give the enemy public leverage"

 

[volfanhill]

 

[Skooter]

It is closed because insurers have informed their clients they will not cover losses for anyone transiting the straight. Not because Iran has the capability to actually close the straight.

Is royal azzhole your normal look?

Yes. All he does is pop in and start talking **** to posters. Makes him feel big I suppose where he’s lacking off the net.

 

[ButchPlz]

Yes. All he does is pop in and start talking **** to posters. Makes him feel big I suppose where he’s lacking off the net.

...says the weirdy beardy who calls handicapped kids gorillas and wants to watch them prizefight.

If this is the crowd that wants to come at me, I'm doing alright.

 

[BeardedVol]

Maritime insurers cancel war risk cover in Gulf: Will it hike energy costs?

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

https://www.weforum.org/stories/202...urning-governments-into-insurers-last-resort/

New maritime insurance providers partnering with DFC have entered the market to capitalize on the earning protentional of increased rates.

DFC Announces $20B Plan for Maritime Reinsurance in the Gulf | DFC

WASHINGTON, D.C. – U.S. International Development Finance Corporation (DFC) CEO Ben Black and U.S. Treasury Secretary Scott Bessent today announced agreement on a detailed implementation plan approved by President Trump to deploy Maritime Reinsurance, including war risk, in the Gulf region. In...

www.dfc.gov

And Lloyd's never stopped offering coverage.

Lloyd’s of London stresses it is still insuring shipping in strait of Hormuz

Company at heart of global maritime cover fends off criticism over cancelled policies and sharp price rises

www.theguardian.com

 

[BernardKingGOAT]

New maritime insurance providers partnering with DFC have entered the market to capitalize on the earning protentional of increased rates.

DFC Announces $20B Plan for Maritime Reinsurance in the Gulf | DFC

WASHINGTON, D.C. – U.S. International Development Finance Corporation (DFC) CEO Ben Black and U.S. Treasury Secretary Scott Bessent today announced agreement on a detailed implementation plan approved by President Trump to deploy Maritime Reinsurance, including war risk, in the Gulf region. In...

www.dfc.gov

And Lloyd's never stopped offering coverage.

Lloyd’s of London stresses it is still insuring shipping in strait of Hormuz

Company at heart of global maritime cover fends off criticism over cancelled policies and sharp price rises

www.theguardian.com

The Straight is closed because we started a war with Iran, and regardless of what a previous poster said, Iran still has the capability of inflicting grave consequences on ships passing through there. The REASON it is closed is because there is a war going on there.

 

[Vol8188]

I think people are wrongly considering their narrow strait to be some kind of inherit strength. If anything it’s only shown how easy the majority of their imports and exports can be shut off from the rest of the world and will lead to the world finding numerous alternatives to avoiding the strait.

If we had a similar small choke point through which the majority of our international trade occurred and could be easily blocked by another country without a single naval ship of theirs lost, we would all be losing our minds.

 

[volfanhill]

I think people are wrongly considering their narrow strait to be some kind of inherit strength. If anything it’s only shown how easy the majority of their imports and exports can be shut off from the rest of the world and will lead to the world finding numerous alternatives to avoiding the strait.

If we had a similar small choke point through which the majority of our international trade occurred and could be easily blocked by another country without a single naval ship of theirs lost, we would all be losing our minds.

Iranian leadership has zero F's to give about their own people. Who knew that before this? They don't care how much they suffer. They've also figured out they can hold the world hostage of 20% of its oil. Executives at major oil companies like Exxon and Chevron are predicting 150-160 oil by the end of July. That's about $6 at the pump here in GA. It will be a financial disaster here and around the globe

 

[Vol8188]

Iranian leadership has zero F's to give about their own people. Who knew that before this. They don't care how much they suffer. They've also figured out they can hold the world hostage of 20 of its oil.

I think there’s a typo in that sentence. I’m not understanding.

Executives at major oil companies like Exxon and Chevron are predicting 150-160 oil by the end of July. That's about $6 at the pump here in GA. It will be a financial disaster here and around the globe

We will see

 

[trout-vol]

Iranian leadership has zero F's to give about their own people. Who knew that before this. They don't care how much they suffer. They've also figured out they can hold the world hostage of 20 of its oil. Executives at major oil companies like Exxon and Chevron are predicting 150-160 oil by the end of July. That's about $6 at the pump here in GA. It will be a financial disaster here and around the globe

So now you're worried about high gas prices? Funny how libs are suddenly fiscally conservative.

 

[volfanhill]

So now you're worried about high gas prices? Funny how libs are suddenly fiscally conservative.

What an absolutely lazy reply. I was not a Biden supporter. And Trump had his hand in that mess as well. I am concerned about the global economy and our economy. This has been an absolute disaster for us. All self inflicted. The only solution is a terrible one that will also wreck the world economy as Iran will blow up as much oil and gas infrastructure up over there as possible as we totally annihilate them.

 

[DinkinFlicka]

If this is the crowd that wants to come at me, I'm doing alright.

That's been my VN mantra for a long, long time.

 

[BernardKingGOAT]

So now you're worried about high gas prices? Funny how libs are suddenly fiscally conservative.

Republicans haven't been fiscally conservative in several decades. In fact, have been more irresponsible as to spending than Democrats.