Farmers all over America are on edge right now, and I certainly can’t blame them. The war in the Middle East has created a fertilizer crisis at the worst time possible. As you will see below, if nitrogen fertilizer is not applied to wheat, corn and rice at the proper time, there is no hope of recovery later. Since it does not appear that the Strait of Hormuz will be reopened any time soon, there will be serious crop losses in the United States, and in poorer countries throughout the world it will be even worse. (Read More...)
The Economic Damage Caused By This War Will Stretch To The End Of The Decade, And Shortages Will Go Way Beyond Oil, Gas And Fertilizer
Even if the Strait of Hormuz opened tomorrow, and that is certainly not going to happen, we are being warned that the economic impact of this war will be felt all the way through the end of this decade. A lot of energy infrastructure has already been destroyed during this war, and it will take years to rebuild it. And the crop losses that we will experience in 2026 due to a lack of fertilizer will be felt long into 2027. But the shortages that we are facing go way beyond just oil, natural gas and fertilizer. As you will see below, we are also facing unprecedented shortages of pharmaceutical drugs, plastics and other vitally important goods. A global nightmare has already begun, and if we don’t get the Strait of Hormuz opened soon it will get a whole lot worse. (Read More...)
Lockdown 2.0: The IEA Has Released 10 Guidelines To Help The Public Prepare For The Coming Fuel Shortages And “Energy Lockdowns”
Are we really going to go through this again? It appears that the Iranians are absolutely determined to keep traffic through the Strait of Hormuz paralyzed until they get what they want. In order to reopen the Strait of Hormuz, an absolutely massive military operation would be required, and perhaps we will see such an operation in the days ahead. But for now approximately 2,500 ships continue to be trapped inside the Persian Gulf, and this is already starting to create fuel shortages in some parts of the globe. If the Strait of Hormuz is not reopened for months, the fuel shortages will become extremely serious and it is inevitable that “energy lockdowns” will be imposed. (Read More...)
Is The World Ready For A Global Energy Catastrophe And A Global Food Catastrophe At The Same Time?
We have reached an unprecedented moment in human history. If this war with Iran continues for an extended period of time, we will be facing the greatest energy disruption in human history and the greatest food production disruption in human history simultaneously. Many were hoping that Iran would agree to the Trump administration’s proposal for a 30 day ceasefire, but it was obvious that was never going to happen. The Iranians have completely rejected Trump’s 15 point plan, and they are demanding that the U.S. must agree to permanent Iranian sovereignty over the Strait of Hormuz before any negotiations even begin. Needless to say, the U.S. will never agree to that, and so the war will rage on. (Read More...)
Severe Shortages Of Oil And Gas Are Beginning To Happen All Over The World
Why is the mainstream media in the United States being so quiet about this? All over the globe, very serious shortages of oil and gas are starting to occur. The information that I am about to share with you is extremely alarming. Unfortunately, if this war continues for an extended period of time this will only be just the beginning of this crisis. Even if the war were to end tomorrow, and that is not going to happen, it would take time for the tankers that are currently trapped in the Persian Gulf to reach their destinations. And it would take years to fully repair the damage that has already been done to oil and gas infrastructure throughout the Middle East. Whether we like it or not, we are facing a global energy crisis for the foreseeable future, and that is not good news at all. (Read More...)
Has A Global Catastrophe Been Averted, Or Is This Just A Very Temporary Reprieve?
For the moment, we have avoided a global economic cataclysm. President Trump was threatening to completely destroy Iran’s power grid if the Iranians did not reopen the Strait of Hormuz, and in response the Iranians were threatening to destroy oil and gas infrastructure all over the Middle East. Once that infrastructure is gone it would have to be replaced, and that would take years. Meanwhile, the entire world would be forced to endure the worst energy crisis in human history and the economic fallout would be intolerable. The good news is that President Trump has announced that he will not be attacking Iran’s power grid for at least five days. I think that once Iran released the list of oil and gas facilities that would be targeted if their power grid got destroyed, Trump decided to reconsider his plans… (Read More...)
Apocalypse Rising: We Have Reached A Moment In Human History That Could Change Everything
After this week is over, there may be no turning back. President Trump is literally threatening to “obliterate” Iran’s power grid, and the Iranians cannot do a thing to prevent that from happening. But in response, the Iranians are threatening to destroy oil and gas infrastructure all over the Persian Gulf. The Iranians have already destroyed 17 percent of Qatar’s Ras Laffan natural gas complex, and if they destroy the remaining 83 percent of that facility it will immediately plunge us into the greatest natural gas crisis in human history by a very wide margin. There would be widespread natural gas shortages, fertilizer plants all over the world would be forced to shut down, and hunger would run rampant. Approximately 20 percent of the world’s entire supply of liquified natural gas comes from Ras Laffan, and it will take 3 to 5 years to rebuild the portions of the complex that have already been destroyed. If the rest of the complex gets destroyed by Iran, it will be a cataclysmic event. When I say that, I am not exaggerating one bit. We really have reached a moment in human history that could change everything. (Read More...)
We Really Are Facing An “Economic Armageddon” Scenario In The Middle East
When this war with Iran erupted, everyone knew that it would have an impact on the global economy. But very few anticipated that it would be this bad. We are facing the worst oil disruption in history, the worst natural gas disruption in history, the worst helium disruption in history and the worst fertilizer disruption in history simultaneously. The Iranians have control over which ships are allowed through the Strait of Hormuz, and they are determined to keep it that way for as long as possible. But even if the war ended and traffic through the Strait of Hormuz was fully restored tomorrow, it would take years for the global economy to return to normal because of all the energy infrastructure that has been destroyed on both sides. (Read More...)