what does it mean to the world (and to us in SE Asia) to have Iran block shipping of oil?
A video about the logistics:
I only know a little about all of this.
Some of our Filipino relatives work on ships. And when I worked in Liberia, a previous war shut the Suez canal so our hospital had the contract to treat the sailors on ships and tankers that had to go around Africa,
and although I never had to get a sailor off of a tanker, I did have to g go out past the port to evacuate a sick officer who had a stroke. On a tug boat at night. With all the guys teasing me (local Kru sailors and two of our nurses) if I was afraid of the water.
A son in law ran a helicopter mine sweeper years ago, around the time of the first Gulf war, and he showed us his copter after they came home.
So I only have snippets of knowledge, and much of it 40 years out of date, which is why I posted the video.
But the back sory of this? China.
there is a major danger of economic depression here in Asia if the price of oil stays high.
the prices of oil/disel and LPG for cooking has skyrocketed.
LPG for cooking used to be 600 per tank but recently it went up to 800... and yesterday it was 1400 pesos (30 dollars).
We can afford it but that means a lot of poorer folk will just go back to cooking with wood, which is a danger for housefires, asthma in kids, and destroying local trees.
then you have the problem of getting diesel for handplows to prepare the rice paddies for the main rice crop when the monsoon arrives.
Alas, we no longer have and waterbuffalo to plow the fields. And then there is the question if fertilizer, which is already high from the Ukraine war potash problem, will also go too high to buy.
We are organic, but when fertilizer goes up, ordinary farmers will be buying organic sources (e.g. chicken manure from the local chicken farms) so that price goes up too.
What this means is more older small farmers will be selling the fields to companies putting up solar panels (see previous post), and of course, more farmers digging their fields looking to find gold...
Sigh.
Could the oil crisis lead to Famine in the near future?