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OPEC+ has agreed to increqse output for May 2026.

Good luck with producing more and then transporting it out ofnthe Strait of Hormuz, if. Gulf producer.

Source: BBC 'Business News' at 11:33 BST this morning.

The alternatives are to bring any crude oil extracted from The Falklands to South America, whether by pipline or shipping for sale and/or processing, or to completely chnage the economy of The Falklands, and turn it into a Kharg Island of the South Atlantic.

Jamtart1,

That is my very point, and that of the wroter! If the UK canot agree terms with South American nations, any oil in The Falklands is unlikwly to go anywhere.

Thanks for agreeing with me and my "gash".

Kfordzm,

I suppose that the US could go back to its old policy of forbidding exports of oil.

However, the problem formthe USA is that it produces mostly light crude. It would still need the heavier crude types in order to use to make bitumen for roads and construction. So, the USA is NOT self-sufficient in oil, even if it is a nett exporter. Put another way, not all oil is the same. Why do you think that the USA went into Venezuela? This South American country produces the type of oil that the USA does not have...ditto Canada, which Trump has threatened to invade and annexe!

Join the dots...

Meoryou,

Great point about fertilser. I had inly thought of crude oil.

I suppose that helium supplies would affect the USA, aither Gulf export.

Giantsquid,

Sorry, but to write that the USA is unaffected is plain wrong, or "rubbish", to put it in your words.

The price of crude will stay high, and indeed go higher, the longer the Strait of Hormuz is not fully open. This would benefot the USA as a nett exporter of crude (light crude, to be precise). This would mean high petrol proces prices for the ordinary US driver and for US businesses. The price of crude is determined by wor,d oil markets. The USA would basically have to ban the e port of crude oil from the US in order to shield itself from world prices. But, should it do that, then the oil companies would slow down or stop extraction if they cannot get the best prices and wait fornthe export ban to end.

If the rest of the world were to suffer high crude oil proces for a long time, then they woukd likely have to stop buying as much US exports of goods and services as more of their money would be going on energy consumption. So, the USA would be negatively affected indorectly too.

So, however you cut it, the USA would be affected, both positvely and negatively, directly amd indirectly.

Why do you think Trump is threatening Iran with "hell" if it does not agree to open the Strait of Hormuz by a deadline?

Nightpusher,

Shuttle tankers to where?

Jamtart1,

Absolutely!

North Sea oil is brought onland as is the oil from the Gulf of Mexico.

I read years and years ago about The Falklands having oil, but the article expressed reservations aboit its economic extraction if not channeled to the Soth American mainlamd, which means Argentina, in all likelihood.

So, if you dare to question me, you are also questioning that writer.

Jamtart1,

Easier said than done!

How to take and then keep the Strait of Hormuz? Who would do it, as Trump is too scared or not bothered, supposedly?

Winstanley,

Is it possible to extract the oil in The Falklands without piping it to the mainland? If so, an agreement with Argentina or another South American nation would be needed.

Theaky,

What is it about?

Meoryou,

I was planning on flying to Venice for June. Might have to switch to Treviso.

Monzco,

What or where did you have in mind?

Fleccy,

What is the video about?

Tri ky 125,

The crew should be Putin and Kim Jong Un. As for a stowaway...Vivtor Orban, since he is never far from Putin's backside!

Banburyboy,

I had to look up the 25th Amendment to the US Constitution. Unless you were referring to something more specific, all I found was that in the death or resignation of the President, the V.P. will take over. I could not immediately find anything about removal. I am happy to be corrected and educated,

I did not expect the market to be open.

At 23:21 BST, the futures price is up from the close on Friday: $113.796.

Looks like the markets are not optimistic.

Good.

StanleyB,

Killing their own troops too??

I guess that thisnis what happens when your leader decides to invade a neighbour under zero provocation.

Half a mile from where?