Experts Declare Fuel Crisis Imminent as Global Wars Choke Out Supply
Experts all around the world are now declaring that a major fuel crisis is upon us due to the perfect storm of catalysts, which includes Ukraine and Russia’s mutual energy strikes, as well as the sudden flare-up of the Houthi-Iran axis’s targeting of critical Saudi energy infrastructure.
American oil executives warned for months that the prolonged closure of the Strait of Hormuz was bound to cause a fuel crisis. Now, they say it is here.
Commercial fuel stocks around the world have been depleting for more than six months, and strategic crude reserves can’t be tapped much further. Attacks last week shut down a crucial crude pipeline in Saudi Arabia that bypassed the Strait, stranding at least 2.5 million barrels a day from an already tight global oil market, analysts estimate.
The latest driver has been the news that Saudi Arabia is cancelling “crude oil cargoes” to Europe for the rest of September, with rumors now speculating that this will extend into October as well.
The past several days, the Houthis have been launching major strikes on Saudi oil infrastructure sites, which include the Aramco plant at 18.485593, 42.505660geolocation:
.BREAKING: Oil loadings suspended at Yanbu, Saudi Arabia’s main Red Sea port, following the earlier attack on the east–west pipeline, Reuters report.
Oil storage tanks ablaze after a claimed Houthi missile strike on the Aramco Abha Bulk Plant north of Abha, Saudi Arabia.
About 500 miles from there the Yasref oil refinery in the Red Sea coast city of Yanbu was also hit:
BREAKING: Yemen’s Houthis appear to have directly struck the YASREF oil refinery in Yanbu on Saudi Arabia’s Red Sea coast this morning, the 400,000 barrel per day Aramco-Sinopec joint venture and one of the Red Sea’s largest diesel exporters. Footage shows a large fire, with …
BREAKING: US diesel prices officially rise to a new record $6.26/gallon, now up over +80% in 9 months. Truck drivers are now paying nearly $3.00 more per gallon for diesel than they were in January. This has pushed average gas prices in California, one of the most expensive…
Why do Iran and Russia target energy facilities?
In the war in Ukraine and the tensions in the Middle East, petrol stations, oil and fuel depots, energy facilities, infrastructure, and refineries are continuously targeted by Russia and Iran. At the same time, transportation and energy routes such as the Strait of Hormuz and Bab al-Mandab are completely shut down. Why is this happening? Why are Russia and Iran doing this in coordination, and what is their objective?
The answer to these questions comes from the fact that Russia and Iran have agreed together to destroy the Western and American capitalist system, by creating an energy crisis through targeting energy facilities and transportation routes. The equation works like this: attacking and destroying these facilities reduces energy production and supply, while closing the Strait of Hormuz and Bab al-Mandab similarly reduces supply and availability on a global level.
As a result, fuel and energy prices in general begin to rise and surge. Rising prices mean that greater pressure is placed on the global industrial sector, which must secure fuel at much higher prices. At the same time, transportation costs also rise and economic inflation begins to increase. As a result, central banks are forced to raise interest rates in order to control inflation, which in turn slows and weakens the economy. In this way, production and factory activity gradually weaken, while the industrial sector faces a major threat.
Through this method, Russia and Iran are putting industry, economic growth, and the current world order at risk, to the point where factories may shut down and industry, in its current form, may no longer be able to continue. Since industry is the foundation stone of modern capitalism, step by step the current world order moves toward collapse as an energy crisis develops.
Therefore, Russia and Iran want to use this path to bring down and transform the current world order, which is led by the United States in a unipolar manner. For this reason, expect further bombing of petrol stations, oil, gas, and fuel depots, along with more attacks on energy facilities and infrastructure.
5 comments:
Almost as though it was all planned to coincide with the reset.
The shadow of the tribulation period is upon us. Can't be much longer now. Maranatha!
It is indeed....I think much closer than even prophecy watchers realize
Thank you for keeping us updated, Scott. Much appreciated!
Thanks so much - it really is my pleasure - nothing I'd rather be doing (plus I'd be going through the news anyway because I love being reminded of how close we are :)
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