Global energy supply is now down an astounding 60% in the last 60 days!
We've never seen anything like this before.
I don't think people fully grasp the tsunami on its way. We're talking lockdowns, travel restrictions and grounded flights.
Not only that, the fertilizer situation is even worse! Expect food shortages in 3-4 months, Arab Spring 2.0 food riots globally, and introduction of a CBDC for food rationing.
Tasnim News Agency reports that Iran plans to strike the following targets, taking a total of 32% of global oil supply offline:
The Yanbu pipeline in Saudi Arabia, used to bypass the Strait of Hormuz
The Fujairah facility in the UAE, which is used to bypass the Strait of Hormuz
Complete closure of the Bab el-Mandeb Strait by the Houthis