"Great Britain thought they held all the cards when they ordered Lloyd’s of London … the world's only insurance market large enough to back the value of the global oil fleet … to stop insuring them is they were transiting the Strait of Hormuz.
This move had the potential of crippling 20-30 percent of the world’s oil attempting to get thru the 21 mile chokehold. Why? Because there is only one company in the entire globe that is big enough to insure all the oil tankers going through this strait. Up until now, that company is Lloyd’s of London.
One needs to understand how Britain bit off its nose to spite its face … it’s because the oil being delivered thru Hormuz is responsible for about 2 percent of the British Empire’s GDP, over a $40 billion contribution to the United Kingdom and 50,000 jobs, but it’s also a geopolitical tool for the UK.
Then SUDDENLY … POOF … Starmer decided they were no longer going to insure anyone going through the Strait, which would have halted all energy shipments. It was kind of a giant ‘middle finger’ to President Trump to confuse and distort the energy markets and make America look bad.
But our @POTUS played his ‘Trump card’ and said that the United States government will start insuring these shipping companies.
And with the return of ‘double Middle Fingers’ back at Starmer, our President said our Navy will provide personal escorts for those ships. Effectively shutting down one of the largest geopolitical tools the United Kingdom has had all the way back to the 1600s.
Additionally, Lloyd’s of London has been affected economically, because getting back online will take more than a magic wand. And, since our US military has traditionally assisted these tankers with going thru the Strait in the past, why would many of the companies owning those tankers want to go back to Lloyds.
I have to pay for my car insurance, and I assume these companies were paying Lloyds for insurance. Are these shipping companies now paying the US for insurance or are they getting coverage and protection for free?
"Great Britain thought they held all the cards when they ordered Lloyd’s of London … the world's only insurance market large enough to back the value of the global oil fleet … to stop insuring them is they were transiting the Strait of Hormuz.
This move had the potential of crippling 20-30 percent of the world’s oil attempting to get thru the 21 mile chokehold. Why? Because there is only one company in the entire globe that is big enough to insure all the oil tankers going through this strait. Up until now, that company is Lloyd’s of London.
One needs to understand how Britain bit off its nose to spite its face … it’s because the oil being delivered thru Hormuz is responsible for about 2 percent of the British Empire’s GDP, over a $40 billion contribution to the United Kingdom and 50,000 jobs, but it’s also a geopolitical tool for the UK.
Then SUDDENLY … POOF … Starmer decided they were no longer going to insure anyone going through the Strait, which would have halted all energy shipments. It was kind of a giant ‘middle finger’ to President Trump to confuse and distort the energy markets and make America look bad.
But our @POTUS played his ‘Trump card’ and said that the United States government will start insuring these shipping companies.
And with the return of ‘double Middle Fingers’ back at Starmer, our President said our Navy will provide personal escorts for those ships. Effectively shutting down one of the largest geopolitical tools the United Kingdom has had all the way back to the 1600s.
Additionally, Lloyd’s of London has been affected economically, because getting back online will take more than a magic wand. And, since our US military has traditionally assisted these tankers with going thru the Strait in the past, why would many of the companies owning those tankers want to go back to Lloyds.
Starmer has learned the meaning of FAFO!"
https://nitter.net/i/status/2030022386351804658
🥳🥳🥳 Great write up. I have heard nothing but everyone screaming about Israel especially Democrats for 9 years.
Britain has had much to do with our being enslaved.
I cackled like a drunk Kamala
So what's your thoughts on Nord stream pipe line that was insured through lloyds ?
Lloyds of London is DEAD, which means the "City of London " is DEAD.!!!
Hopefully. They’ve been parasitising off the backs of people for over 400 years.
Insurance is mandatory, state sanctioned gambling. Surely there’s a better way.
and thats a good thing
Absolute master stroke by Trump to absolutely fuck British strangle hold on global shipping. This should effectively kill off Lloyds of London!
I have to pay for my car insurance, and I assume these companies were paying Lloyds for insurance. Are these shipping companies now paying the US for insurance or are they getting coverage and protection for free?
UK has always been the enemy of our country THEY suck us into WWI, WWII,