Originally posted by: Nines
The strait is open as of 30 minutes ago, with several million barrels of crude passing through over the weekend. Six million barrels alone were transported via three Saudi supertankers on Saturday. There's a backlog of course but crude tankers and some refined products are moving and labeled as the priority to replenish the global supply ( or begin to).
The above info is from Fortune.com ( but there's a paywall).
Thanks for sharing this good news. Now, let's use actuarial methods to evaluate just how good it is
For this situation to stabilize, three things have to occur and let's say, persist until the end of 2026;
1) Trump has to honor the agreement and not have another senior Trump moment and let slip the dogs of war.
2) Iran has to honor the agreement and not attack anybody.
3) Bibi has to rein in his bloodlust, or at least turn his fury back onto the Palestinians.
Now, this is a parlay bet if there ever was one. Let's do an extremely generous estimation and say that each of the above positive developments has a 1 in 3 chance of happening. So the chance of them ALL . happening is 1 in 27.
A bit less than a 4% chance of Peace in Our Time. Hey, it could happen!!