<oembed><type>rich</type><version>1.0</version><title>Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 wrote</title><author_name>Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 (npub1hz…ynqel)</author_name><author_url>https://yabu.me/npub1hzz35pkl67w53lpj2g62zh56g63j5zvz4q3m2nxlsfg5hxcjpwssaynqel</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Everyone is watching the missiles.&#xA;&#xA;Almost nobody is watching the spreadsheets.&#xA;The Strait of #Hormuz did not close because of Iran&#39;s navy. It closed because seven mutual insurance associations pulled a contractual clause, and overnight, every commercial vessel in the Persian Gulf became legally unable to sail.&#xA;Not unwilling. Unable.&#xA;&#xA;The bank requires insurance. The port requires it. The charterer requires it. International law requires it. Remove the policy, and a $500 million floating asset cannot move, even if every military in the region rolls out a red carpet.&#xA;&#xA;#Iran offered conditional passage. The insurance market imposed unconditional paralysis. One mechanism was geopolitical. The other was contractual. Neither side fully controlled the outcome.&#xA;The IEA now calls this the largest supply disruption in the history of the global oil market.&#xA;&#xA;I wrote the full breakdown. Every claim sourced. Every number verified.&#xA;&#xA;The power doesn&#39;t sit where the cameras point.&#xA;&#xA;You can read my full article below: nostr:naddr1qvzqqqr4gupzpwy9rgrdl4uafr7ry535590f534r9gyc92prk4xdlqj3fwd3yzapqq2hgt2n8yey5he4w4fkkm2kwe9ksc6zfak5x6ruymr</html></oembed>