Trying to plan ahead... Are we about to see prices…
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Trying to plan ahead... Are we about to see prices skyrocket due to the strait of hormuz??
For those unaware, Iran just closed down the strait of hormuz.
Japan gets 90% of it's oil from that strait. Takaichi has said that Japan only has 8 months of oil in reserve....
However, Japan only has ONE month of liquified gas reserves.
Iran shows no sign of backing down, and neither do Israel and the US. According to AIs, if this strait is closed for more than a few weeks, we're going to see gas prices in Japan go up 300%. We're about to see inflation like we've never seen before.
Anyone know what's going on??
#local
For those unaware, Iran just closed down the strait of hormuz.
Japan gets 90% of it's oil from that strait. Takaichi has said that Japan only has 8 months of oil in reserve....
However, Japan only has ONE month of liquified gas reserves.
Iran shows no sign of backing down, and neither do Israel and the US. According to AIs, if this strait is closed for more than a few weeks, we're going to see gas prices in Japan go up 300%. We're about to see inflation like we've never seen before.
Anyone know what's going on??
#local
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