If we look at Hurricane Ivan (which hit the Gulf in 2004), oil prices continued to go up for more than a month. Companies continued to work on their facilities but there were always delays restoring production.
More Quotes from F. Alhajji:
Iran is the only major oil-producing country that still has a budget deficit. History tells us since the Iranian revolution, they always talk about cutting production, but they've never cut it.F. Alhajji
There (would) be demonstrations in (Iranian) streets calling for the government to cut off oil exports.
F. Alhajji
They're saying that right now. The sentiment might change with military action.
F. Alhajji
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