ToddE
Trusted Member
Weapons are needed to keep the Bankers at Lloyds of London in risk off.
It’s not Iran that closed the strait of Hormuz. It’s Lloyd’s of London that did it. With the world’s largest and one of the oldest insurers refusing to insure cargo, no ship is willing to risk that financial liability. Many didn’t even accept US offer to insure.
As long as the insurers feel that Iran poses a risk to the cargo transit, they won’t insure, which keeps the strait effectively closed without mines or speedboats needed.
Biggest beneficiary is still Russia on whose behest shit started and they are kinda gaining the lost ground in oil n gas market already. If ceasefire is enforced soon may be their target was smaller.









