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Right.
Because the ongoing war with Iran has basically turned that vital global shipping lane into a deadly impassable gauntlet.
Completely.
And the statistics coming out of that region right now are just staggering.
I mean, we are looking at over 100 attacks on commercial vessels in that strait since the war began.
Wow, over 100.
Yeah.
Yeah.
And just this month alone, 26 ships have been struck.
That is essentially two ships being hit every single day.
Exactly.
Which fundamentally breaks down the global supply chain.
When maritime insurance rates skyrocket and tankers are forced to reroute thousands of miles around the Horn of Africa just to avoid missiles, that logistical nightmare translates directly to the price per barrel.
Right.
It hits you at the pump.
But we also have to look at the human cost of keeping that oil moving.
25 sailors have been killed, and we have to remember, these are not combatants.
These are working class civilians just trying to navigate a war zone.
Yeah.
Actually, one of the sources highlights the story of Sumit Kumar Singh.
He was an Indian sailor, um, a father of two young children, and he took a job on an oil tanker called the El Gaia simply because his family desperately needed the money.
Which is heartbreaking.
It really is.
Uh, the projectiles pierced the hull and hit the engine room directly, and Singh died in the resulting fire.
Right.
Because the ongoing war with Iran has basically turned that vital global shipping lane into a deadly impassable gauntlet.
Completely.
And the statistics coming out of that region right now are just staggering.
I mean, we are looking at over 100 attacks on commercial vessels in that strait since the war began.
Wow, over 100.
Yeah.
Yeah.
And just this month alone, 26 ships have been struck.
That is essentially two ships being hit every single day.
Exactly.
Which fundamentally breaks down the global supply chain.
When maritime insurance rates skyrocket and tankers are forced to reroute thousands of miles around the Horn of Africa just to avoid missiles, that logistical nightmare translates directly to the price per barrel.
Right.
It hits you at the pump.
But we also have to look at the human cost of keeping that oil moving.
25 sailors have been killed, and we have to remember, these are not combatants.
These are working class civilians just trying to navigate a war zone.
Yeah.
Actually, one of the sources highlights the story of Sumit Kumar Singh.
He was an Indian sailor, um, a father of two young children, and he took a job on an oil tanker called the El Gaia simply because his family desperately needed the money.
Which is heartbreaking.
It really is.
Uh, the projectiles pierced the hull and hit the engine room directly, and Singh died in the resulting fire.
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