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SamuelTheThird

(1,173 posts)
Thu Mar 26, 2026, 06:08 AM Mar 26

30-40 percent of Gulf energy infrastructure destroyed (!)

https://www.france24.com/en/france-confirms-oil-crisis-says-30-40-gulf-energy-infrastructure-destroyed

France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.
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GiqueCee

(4,304 posts)
2. Putin is grinning from ear to ear...
Thu Mar 26, 2026, 08:31 AM
Mar 26

... and telling his orange gargoyle what a good boy he is. Destroying the world is such fun!

Scrivener7

(59,540 posts)
3. If we globally used this as an opportunity to go all in on renewable energy, this would never need to happen again.
Thu Mar 26, 2026, 08:33 AM
Mar 26

modrepub

(4,117 posts)
4. As Some Who Remembers
Thu Mar 26, 2026, 08:49 AM
Mar 26

Red rags hanging on sticks in front of gas stations in the 70s, you’d think this would be solved by now. But it’s hard to counter people who constantly put their money and resources thwarting change. The WH had solar panels until Reagan took them off. The fossil fuel industry has mucked up the Global Warming/Climate Change discussion at every level.

If change is going to happen it will have to be made at the lowest levels because all the upper decision makers are hopelessly contaminated. I leased an EV last September and just had solar installed on my house. I encourage anyone who wants change to take their own steps to ween themselves off of fossil fuels.

Scrivener7

(59,540 posts)
6. I totally agree. I haven't seen the will at the grass roots level, but maybe that will change.
Thu Mar 26, 2026, 09:23 AM
Mar 26

I have a hybrid and live in a walking town. (Didn't get an EV because I live in an apartment and couldn't charge it at home.) So if I fill my 7 gallon tank once a month, it's a lot. The auto gas prices don't do much to me. I can't imagine having one of those asinine trucks and having to drive to get everything you need.

We still do use oil and gas for heat for the building, which cost is horrifying. The roof just doesn't have enough surface area to make much of a dent in our heating costs.

Botany

(77,375 posts)
5. So the price of gas is not going to drop in a few weeks?
Thu Mar 26, 2026, 09:07 AM
Mar 26

President Donald Trump has predicted that gas prices will "come tumbling down" and drop significantly once the military conflict with Iran and the resulting disruption in the Middle East ends.

Johonny

(26,205 posts)
12. Most feel the price has ample opportunity to rise
Thu Mar 26, 2026, 02:54 PM
Mar 26

He gets his information from the voices in his head

SamuelTheThird

(1,173 posts)
9. This should be headline news all over the placce
Thu Mar 26, 2026, 02:21 PM
Mar 26

I think they are trying to tamp down on possible wide panic

LetMyPeopleVote

(180,018 posts)
10. Iran's Attacks Force U.S. Troops to Work Remotely- New York Times (gift link)
Thu Mar 26, 2026, 02:52 PM
Mar 26

Iran has severely damaged several American military bases in the Middle East, officials say.



https://www.nytimes.com/2026/03/25/us/politics/iran-us-bases.html?unlocked_article_code=1.WFA.2qm6.D5raJgUeJTzO

Iran has bombed U.S. bases across the Middle East in retaliation for the U.S.-Israeli war, forcing many American troops to relocate to hotels and office spaces throughout the region, according to military personnel and American officials.

So now much of the land-based military is, in essence, fighting the war while working remotely, with the exception of fighter pilots
and crews operating and maintaining warplanes and conducting strikes.
......

Many of the 13 military bases in the region used by American troops are all but uninhabitable, with the ones in Kuwait, which is next door to Iran, suffering perhaps the most damage. Six U.S. service members were killed in a strike on Port Shuaiba that destroyed an Army tactical operations center. Iranian drones and missiles also targeted Ali Al Salem Air Base, damaging aircraft structures and injuring personnel, and Camp Buehring, damaging maintenance and fuel facilities......

The lack of better planning, some military officials said, also reflects a miscalculation on the part of the administration about how Iran would respond. The Trump administration did not reduce staffing at American embassies and other facilities in the region before the war started, or order departures for nonessential government employees and family members. Nor did the State Department warn Americans to steer clear of the region until after the war began.

The Gulf energy infrastructure is not the only things destroyed

Johonny

(26,205 posts)
11. I dont believe markets have truly priced the impact
Thu Mar 26, 2026, 02:53 PM
Mar 26

Of this war. I've moved out of the market as best I can. Everyday this moronic war continues, the worse the recovery time.

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