China gets most of Iran's oil, and it needs it. It is a matter of life and death for hundreds of millions of Chinese people. Without it they will starve. Expect China to react decisively to the Strait closing, to the refineries burning right now, to the wells burning, and the ships being shot. Maersk has ceased shipping through the strait. Oil prices have shot up ~$25, and gas prices here have increased ~$.25/gallon.

This is just beginning, and until the bombs stop dropping it's only going to get worse.

When I mentioned this less than a week ago, you said "Nothing to worry about".

Well, it's hit me in the wallet already. Let me know when you change your mind and decide to consider China's entering the action, because it is coming for the oil it needs, and can't get from the US.

Thanks!