General Discussion

roamer65

(37,894 posts) Sat Feb 28, 2026, 03:10 PM Saturday

Strait of Hormuz is closed.

https://www.reuters.com/world/middle-east/irans-revolutionary-guards-tell-ships-passage-through-strait-hormuz-not-allowed-2026-02-28/

No insurers will honor losses if a tanker is damaged or sunk. It’s effectively closed.

Market futures are looking horrible for Monday.

Good. Let Dump eat a crashing stock market.

13 replies

= new reply since forum marked as read

Highlight:

Strait of Hormuz is closed. (Original Post) roamer65 Saturday OP

Time to fill up. Sneederbunk Saturday #1

Buying Put Options on Monday morning!! WarGamer Saturday #2

Umm, it'll likely be a little late by then(?). nt Disaffected Saturday #6

Uh, I'd rather not see my retirement portfolio tank. ColoringFool Saturday #3

The article doesn't say that. gulliver Saturday #4

DJIA futures down 600 but Disaffected Saturday #5

It is not Greg_In_SF Saturday #7

But are any new ones entering? nt Another Jackalope Saturday #9

You can check all Greg_In_SF Saturday #10

It's hard to tell. Another Jackalope Saturday #11

The stock market is a casino. roamer65 Saturday #8

I just filled up LetMyPeopleVote Saturday #12

Smart move. roamer65 Sunday #13

Sneederbunk

(17,413 posts)

1. Time to fill up.

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 03:52 PM

Saturday

WarGamer

(18,449 posts)

2. Buying Put Options on Monday morning!!

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 03:56 PM

Saturday

Disaffected

(6,346 posts)

6. Umm, it'll likely be a little late by then(?). nt

Reply to WarGamer (Reply #2)

Sat Feb 28, 2026, 04:42 PM

Saturday

ColoringFool

(552 posts)

3. Uh, I'd rather not see my retirement portfolio tank.

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 03:56 PM

Saturday

gulliver

(13,900 posts)

4. The article doesn't say that.

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 04:00 PM

Saturday

And rooting against people's retirement savings is far from a Democratic position. Not sure who in their right mind would be for that, but we aren't.

Disaffected

(6,346 posts)

5. DJIA futures down 600 but

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 04:40 PM

Saturday

that was yesterday.

Oil futures now up only about $2.

Greg_In_SF

(1,199 posts)

7. It is not

Reply to roamer65 (Original post)

Sat Feb 28, 2026, 04:45 PM

Saturday

closed. There are oil tankers transiting the straight right this minute.

Another Jackalope

(162 posts)

9. But are any new ones entering? nt

Reply to Greg_In_SF (Reply #7)

Sat Feb 28, 2026, 04:48 PM

Saturday

Greg_In_SF

(1,199 posts)

10. You can check all

Reply to Another Jackalope (Reply #9)

Sat Feb 28, 2026, 04:53 PM

Saturday

the action on the Marine Traffic website.

Another Jackalope

(162 posts)

11. It's hard to tell.

Reply to Greg_In_SF (Reply #10)

Sat Feb 28, 2026, 05:37 PM

Saturday

The traffic looks thinner than I expected, but I don't know what it looks like on a normal day. AIS reports current position, course and speed, but the site doesn't appear to track movement over time. Traffic into the Red Sea looks pretty sparse.