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Comment by sschueller | Hacker News Reader

These tankers aren't easily replaceable are they? As in it takes significant time to build them.

Even if Trump's claims that the war will end shortly were true. Oil prices are guaranteed not coming down if many more of these ships are sunk.

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Roughly 3 years. That being said, there’s thousands of carriers globally and they have maybe a 25 year lifespan, so a couple of ships becoming inoperable is largely negligible.

https://public.axsmarine.com/blog/build-time-for-new-vessels...

There are a surplus of tankers, that's not the problem.

The problem is they are halted, which causes price spikes.

$120/barrel Oil will screw up the whole world.

Oh yeah, The Oil crisis in the 1970's effects were felt until the mid 80's this is just starting and it isn't going to go away anytime soon.

They don't even need that many mines or bombs to start with, presence of wreckage on the shipping lanes that aren't more that 75m deep would already put all shipping at risk.

Also, the amount of oil spilling into such a small area can't be good for the environment, can't be good for local marine life (if there is any), etc....

From twitter: the cost of cleaning up the oil spill is much larger than the damage repair on the ship which drives up insurance rates

Restarting the oil wheels that are closed now will take years already.

Why is starting so much slower than stopping?

AFAIK, if you stop it slowly, it's quicker to restart.

But stopping it suddenly breaks rock structures and makes it harder for oil to flow. So the entire thing has to be repaired.

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