• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
    link
    fedilink
    arrow-up
    1
    ·
    2 hours ago

    Yeah, I imagine a lot of traders assumed the US would actually follow through on providing insurance or escorting ships. Now they’re starting to realize that’s not going to happen, and there’s an understanding building of just how severe the impact on the countries dependent on Gulf exports is going to be. So, panic is growing rapidly.