Gregg Carlstrom(@glcarlstrom):"While Trump focuses on oil, Hormuz remains shuttered to other commodities." - container ships down 94% compared to a year ago - cost of shipping a container from China to the UAE increased eightfold - shipments of everything from limestone to fertilizer down by more than half - businesses in the Gulf facing shortages: car dealers, for example, can't bring in new models "What the Americans are doing now is not viable long term... it's only focused on getting oil and gas out, it's not focused on getting cargo and commodities in."

2026.09.20 07:58

"While Trump focuses on oil, Hormuz remains shuttered to other commodities." - container ships down 94% compared to a year ago - cost of shipping a container from China to the UAE increased eightfold - shipments of everything from limestone to fertilizer down by more than half - businesses in the Gulf facing shortages: car dealers, for example, can't bring in new models "What the Americans are doing now is not viable long term... it's only focused on getting oil and gas out, it's not focused on getting cargo and commodities in."