Well that didnt last long.
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Well that didnt last long. Yay oil!!
"Canada is ready to “contribute to appropriate efforts” to resume safe passage through the Strait of Hormuz
co-signed by Canada, the U.K., France, Germany, Italy, the Netherlands and Japan."
Many of whom are right wing governments masquerading as left wing or centrist governments. I wish we had this much enthusiasm for #Gaza
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Well that didnt last long. Yay oil!!
"Canada is ready to “contribute to appropriate efforts” to resume safe passage through the Strait of Hormuz
co-signed by Canada, the U.K., France, Germany, Italy, the Netherlands and Japan."
Many of whom are right wing governments masquerading as left wing or centrist governments. I wish we had this much enthusiasm for #Gaza
Here's the thing, as much as the discourse around the Straight of Hormuz has been around Oil:
It's not just oil that transits the straight
A LOT of other major commodities are affected, like Aluminium, LNG, and Fertilizers, never mind the fact that a sizable portion of the world shipping fleet is sitting idle.
Setting aside that we haven't even begun to feel the majority of downstream effects from this yet, we haven't even been able to assess how long it would take to "return to normal" in the event the straights were opened tomorrow.
There are facilities that take months to come online that had to abruptly shutdown, by definition you cannot make up that capacity overnight.
I personally would not support Canada/The EU getting involved on the side of the US & Israel, but if they acted as a neutral third party to facilitate a reopening, that I could support and is already well past needed to reduce the downstream consequences.
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R relay@relay.mycrowd.ca shared this topic
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Here's the thing, as much as the discourse around the Straight of Hormuz has been around Oil:
It's not just oil that transits the straight
A LOT of other major commodities are affected, like Aluminium, LNG, and Fertilizers, never mind the fact that a sizable portion of the world shipping fleet is sitting idle.
Setting aside that we haven't even begun to feel the majority of downstream effects from this yet, we haven't even been able to assess how long it would take to "return to normal" in the event the straights were opened tomorrow.
There are facilities that take months to come online that had to abruptly shutdown, by definition you cannot make up that capacity overnight.
I personally would not support Canada/The EU getting involved on the side of the US & Israel, but if they acted as a neutral third party to facilitate a reopening, that I could support and is already well past needed to reduce the downstream consequences.
@evdelen definitely, its just they dont seem to have even tried. All that stuff Canada has in abundance, same as Ukraine and even Russia if we're taking sanctions away. I realize its much easier to just open the straight again but yet again we're supporting clear and blantant #Fascism by taking the easy way out while thousands die and hundreds of thousands continue to be massaquered in #Gaza while we just shrug our shouldars and say "oh well...we need to eat!"
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@evdelen definitely, its just they dont seem to have even tried. All that stuff Canada has in abundance, same as Ukraine and even Russia if we're taking sanctions away. I realize its much easier to just open the straight again but yet again we're supporting clear and blantant #Fascism by taking the easy way out while thousands die and hundreds of thousands continue to be massaquered in #Gaza while we just shrug our shouldars and say "oh well...we need to eat!"
I don't think you appreciate how much flows through the straight, even if all countries around the world maxed out their production there'd still be a shortage relative to what has been lost.
That has major downstream implications.
Already we're seeing schools close in Pakistan because of lack of electricity, if some shipments of fertilizer don't arrive on time entire crops won't be able to be planted, millions could starve.
