Everyone’s watching oil. That’s the mistake. With Hormuz closed, the real shock is hitting fertilizer, food, and supply chains. This isn’t just an energy crisis. It’s the early stage of a global food breakdown.
I’m not sure how the supply chain works but if we’re terrible at distributing resources now (because wealthy countries get a lot and poor countries don’t) I worry there will be even less for the poorest food importers
I’m not sure how the supply chain works but if we’re terrible at distributing resources now (because wealthy countries get a lot and poor countries don’t) I worry there will be even less for the poorest food importers