Real-world physical oil production and refining capacity has been destroyed in the ongoing war in Iran. This will take months or years to repair, even if the war completely and unambiguously ended tomorrow. What are some possible ways to hedge against / prepare for extended oil supply shocks?
E.g. investment ideas, personal/household/community preparedness, Justified Practical Advice, relevant plans that can be executed within a small number of months or quicker.
Real-world physical oil production and refining capacity has been destroyed in the ongoing war in Iran. This will take months or years to repair, even if the war completely and unambiguously ended tomorrow. What are some possible ways to hedge against / prepare for extended oil supply shocks?
E.g. investment ideas, personal/household/community preparedness, Justified Practical Advice, relevant plans that can be executed within a small number of months or quicker.