JPMorgan Quantifies Middle East Energy War Damage - 2.4 Million Barrels Per Day of Refining Capacity Offline
Posted by freedomforall 3 days, 9 hours ago to Business
Excerpt:
"The report indicates that in the nearly six weeks since the conflict began, over 60 energy infrastructure facilities in the Gulf region have been affected by attacks. Among these, approximately 50 facilities have suffered varying degrees of physical damage. While most attacks are not expected to cause long-term disruptions, at least eight key assets have been severely damaged and face lengthy repair cycles.
The refining sector is one of the hardest-hit areas in this conflict. According to JPMorgan's estimates, a total of 20 affected refineries have been forced to shut down approximately 2.4 million barrels per day (bpd) of crude processing capacity."
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So, how was JP Morgan already positioned before releasing this "research"?
You can be certain publishing this "research" will enhance JPM's profits and steal from small investors.
"The report indicates that in the nearly six weeks since the conflict began, over 60 energy infrastructure facilities in the Gulf region have been affected by attacks. Among these, approximately 50 facilities have suffered varying degrees of physical damage. While most attacks are not expected to cause long-term disruptions, at least eight key assets have been severely damaged and face lengthy repair cycles.
The refining sector is one of the hardest-hit areas in this conflict. According to JPMorgan's estimates, a total of 20 affected refineries have been forced to shut down approximately 2.4 million barrels per day (bpd) of crude processing capacity."
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So, how was JP Morgan already positioned before releasing this "research"?
You can be certain publishing this "research" will enhance JPM's profits and steal from small investors.
Your sentiments of what Trump could say or do mirrors my own thoughts. However, I don't think Trump will go that route because he will not telegraph a punch (or a feint punch) to the enemy. I figure he is drawing lines in the sand and not showing the enemy where they all are, but will provide painful feedback when required. He's the type that would hide a spiked mace behind his back and taunt the fool irritating him to come in nice and close.
Next as fuel increases in cost, so does everything that requires shipping.
Tires will become more expensive, etc. etc.
And Kudos to Trump.
If I had to choose between BOOTS or EXPENSIVE BARRELS ($10/gal gas). No Boots!
And I think Trump should make an address to that effect:
Dear Fellow Americans,
I had a choice. Boots on the ground, or blockading Iran and starving them of the cash they need to run the IRCG. I choose the later. Gas prices will rise, and I apologize to all of the working men/women who will pay that price. But I believe the lives of our soldiers are worth saving by exploring this. Besides, the LEFTISTS believe Fossil Fuels are killing us, so here is there chance to GIVE THEM UP completely. Stop using the, because they are too expensive. Stop FLYING out to protests, stop buying new signs.
I would rather all Americans share the cost of this, than forcing a few to die for it.
If we have to, we will. But right now, this is a temporary pain at the pump.
I will consider bombing whatever wells Iran is still pulling oil from, so we don't have to suffer as long.
Your Favorite President!
Immediate pressure on Iran (starves the regime of its main revenue source — oil — without a full ground war).
Shifts global oil supply away from the Strait by making Iranian exports unreliable or impossible.
The supply-shift angle
~20% of world oil (and a huge chunk of LNG) normally flows through Hormuz; Iran’s recent mining/closure already caused the worst energy shock in decades.
A blockade would cut off Iran’s exports (which still move through Kharg Island and the Strait) → buyers in China, India, and elsewhere lose that discounted supply and must turn to U.S., Saudi, Brazilian, or other non-Iranian oil.
Trump has been openly pushing this exact outcome: “Buy oil from the United States of America. We have plenty.” He wants the world to fill the gap with American exports, reinforcing U.S. energy dominance.
the blockade is the mechanism that forces the supply shift Trump’s broader strategy envisions. It turns Iran’s own chokepoint weapon against it while accelerating the long-term reordering of oil markets that the war has already started (higher baseline prices, more U.S. leverage, less petrodollar dependence on adversarial routes).
The reset = talks fail → unleash naval/economic tools. The blockade is the cleanest, most targeted tool available to do exactly what Trump has signaled: reopen (or control) the Strait on U.S. terms and reroute global oil flows away from Iranian/Hormuz dependence toward American supply. It’s economic coercion that doubles as strategic supply-chain reengineering. Whether it actually gets implemented depends on what happens in the next few days of talks, but it is squarely on the table as part of the reset plan
and how much damage to property - as long as their own property values increase.