If you think that repercussions from this American attack on Iran haven't turned out to be all that bad, be patient. Cause you can be rest assured that the situation is going to get monumentally worse as the tail end of the conga line of oil tankers that passed through the Strait of Hormuz on February 28th hits its final destinations in the next few days. Once that pinch point is reached refineries will soon thereafter run out of stock and the knock on effects will start coming into play. Recession, deprivation, famine... the way things are going this one's likely to see the whole gamut, and the longer the air pocket of tankers lasts, the worse it's all going to get.
This is a companion discussion topic for the original entry at https://ff2f.com/oil-markets-are-lying