Connect with us

Published

7 months ago

on

Closing out this week’s Green Deals, we have a nice mix of Black Friday deals on backup power solutions, affordable EVs, and plenty of marked down lawn care equipment. Starting us off is the full Black Friday sale from Anker SOLIX that is taking up to $4,434 off units and bundles, like the C300 90,000mAh Power Stations that are returning to their lowest prices starting from $140. Heybike has launched its next weekend flash sale through Sunday that is taking its Mars 2.0 Folding e-bike to an $899 low. We have three different brands of lawn care equipment getting some major savings, with Worx’s Nitro LEAFJET Cordless Leaf Blower hitting a new $94 low, while EGO Power+ has its Select Cut 21-inch 56V mower with a 10Ah battery down at $700, among others. Lastly, Segway is taking up to $600 off its Navimow H series and i series Robot Lawn Mowers that start from $799. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s exclusive low prices on Anker’s SOLIX F3800 power station and bundle, the full Jackery Black Friday sale, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Anker SOLIX switches to full Black Friday savings with return lows on C300 90,000mAh stations from $140, more

Anker’s SOLIX Black Friday sale has officially switched over to its full savings through November 29, giving you a chance at up to $4,434 in savings across a lineup of power stations, solar generators, and home backup bundles. There have been some updates to its early sales period and we noticed the brand’s new C300 90,000mAh Portable Power Stations hitting new low prices, with the C300 DC power station down at $139.99 shipped (matching at Amazon) and the C300 AC power station falling to $179.99 shipped (also matching at Amazon). Normally costing you either $200 or $250, respectively, we’ve only seen these rates once before, back during last month’s Prime Day event, with today’s 30% markdowns returning to slash $60 and $70 off the going rates. You’ll be getting a second chance at the best prices we’ve tracked here until Black Friday ends, as well as the opportunity to be prepared with backup power for your personal devices on trips, for everyday use, and even in an emergency. You’ll also find the brand’s new (and smaller) C200 DC 60,000mAh power station at $110, down from $170, if you wanted to save a little more too.

As a reminder, Anker is also providing free gear on purchases that reach certain thresholds. Orders over $3,000 will receive a free 200W solar panel, while orders over $4,000 will get a free EverFrost Portable Cooler 40, and orders over $5,500 will get a free 400W solar panel.

The Anker SOLIX C300 power stations build upon the successes of the PowerCore Reserve with a 90,000mAh/288Wh capacity that’s been upgraded with LiFePO4 cells. The DC model provides you with up to a 300W output for your devices through its seven ports, while reaching 280W for its self-recharging thanks to the two bi-directional 140W USB ports being used together at once. There’s also an integrated LED pop-up light on top that helps with illumination needs when you’re stuck in the dark. The AC model doesn’t boast the dual USB charging, instead reaching the same recharging speeds with one port alone plugged into a wall outlet. This model has eight port options (with it obviously having three AC ports), and has traded the pop-up light for a light bar. You can also score either of these two models with a 60W solar panel at new low prices of $190 and $230.

Anker SOLIX Black Friday clearance discounts:

Anker SOLIX Black Friday C800 power station discounts:

Anker SOLIX Black Friday C1000 power station discounts:

Anker SOLIX Black Friday F2000 power station discounts:

Anker SOLIX Black Friday F2000 home backup discounts:

Anker SOLIX Black Friday F3800 power station discounts:

Anker SOLIX Black Friday F3800 home backup discounts:

Anker SOLIX Black Friday accessory discounts:

There are two Black Friday deals elsewhere that beats out Anker’s sale here, with Wellbots having given our readers exclusive low prices on the SOLIX F3800 power station and a subsequent bundle including an expansion battery that you’ll definitely want to take advantage of while it lasts.

Heybike’s latest weekend flash sale drops its Mars 2.0 folding e-bike by $600 to $899 low for first time since February

Heybike’s Black Friday sale is well into the swing of its savings game and for the third time so far we’re getting a weekend flash sale through Sunday on the brand’s Mars 2.0 Folding Fat-Tire e-bike at $899 shipped. Usually sitting at its $1,499 full price outside of sales, this upgraded model has mainly seen discounts take costs down to $1,099 or higher, with a few select drops to $999. Today’s deal is hands-down the best we’ve tracked, which we haven’t seen reappear since February. You’ll be saving $600 here, along with a Black Friday gift pack at the all-time lowest price.

Heybike’s Mars 2.0 e-bike rolls into view with four colorway options at 28 MPH top speeds with its 750W motor – plus the 48V battery delivers a solid 45-mile travel range to boot. There is an option to upgrade to a 1,000W motor for an increased 32 MPH speed along with other performance boosts, but keep in mind it’ll tack on an additional $200 to the price tag. It offers five levels of pedal assistance to support you through longer travels, plus a nice array of features at such a low price. Alongside the foldable frame, you’ll also enjoy 4-inch fat tires for better stability and smoother rides, as well as hydraulic disc brakes for improved stopping power. There’s also a headlight and taillights with brake light functionality, a rear cargo rack, a shock-absorbing saddle, and a smart LCD display.

Heybike’s ongoing Black Friday e-bike deals:

  • Ranger S Folding Fat-Tire e-bike: $999 (Reg. $1,499)
    • 28 MPH for up to 55 miles
    • 1,000W motor upgrade (32 MPH) costs $300 more
    • comes with gift pack
  • Cityrun Urban Commuter e-bike: $999 (Reg. $1,599)
    • 21 MPH for up to 55 miles
    • comes with free large basket + gift pack
  • Hauler Cargo e-bike (new model): $1,399 (Reg. $1,899)
    • 28 MPH for either 55
    • Dual-battery (85-mile range) costs $300 more
    • comes with free large rear basket + gift pack
  • Brawn Off-Road e-bike: $1,499 (Reg. $1,799)
    • 28 MPH for 65 miles
    • comes with free large basket + gift pack
  • Horizon Full-Suspension e-bike: $1,499 (Reg. $1,999)
    • 28 MPH for 55 miles
    • comes with free front basket and large basket + gift pack
  • Tyson Uni-Body e-bike: $1,499 (Reg. $1,699)
    • 28 MPH for 55 miles
    • comes with free large basket + gift pack
  • Hero Carbon-Fiber All-Terrain e-bike (new model): $2,499 (Reg. $2,599)
    • 35 MPH for 60 miles
    • comes with free large basket + gift pack
Anker SOLIX Black Friday

Grab Worx’s Nitro LEAFJET cordless leaf blowers for your yard at new Black Friday lows starting from $94

As part of its ongoing Black Friday sale, Amazon is offering a Lightning Deal on the Worx Nitro 20V LEAFJET Cordless Leaf Blower for $93.99 shipped. Normally going for $170 at full price, it’s been seeing more frequent discounts in the second half of the year, with last month’s Prime Day event dropping costs to the former $95 low. That price is getting beaten here today though, as it comes in with a solid 45% markdown that saves you $76 and beats out the former low price by $1.

The Nitro 20V LEAFJET comes equipped by Worx with its brushless 2.0 motor tech and has a sonic turbine fan powered by a 4.0Ah battery, giving it a forceful jet stream of air output for your debris-clearing needs. It has a two-speed control (high and low) and two differing power modes: the volume mode clears wider areas at 410 CFM, while the speed mode produces a more concentrated airflow for heavier debris in your yard. You can also find its more powerful 40V counterpart benefitting from a 40% markdown to $151.

More Worx Black Friday deals:

Anker SOLIX Black Friday

Amazon takes $149 off EGO Power+ Select Cut 21-inch 56V mower with 10Ah battery at $700, more from $143

As part of its ongoing Black Friday sale, Amazon is offering the EGO Power+ Select Cut 21-inch 56V Self-Propelled Lawn Mower with 10Ah battery for $699.99 shipped. This combination of mower and battery would normally cost you $849 most of the time, with discounts slowing since mid-June, though we did see it hit the $649 all-time low before that in April. Today, thanks to the Black Friday savings, the price has gone the lowest we’ve seen in five months, saving you $149 off its going rate at the third-lowest price we have tracked.

Many folks are constantly on the hunt for an electric mower at an affordable rate to replace their old, worn out gas guzzlers, and this is a great opportunity as EGO Power+ is considered one of the best makers of such equipment – plus, this is quite the treat to grab it with a larger-than-normal 10Ah battery that provides a full 75 minutes of runtime. The 21-inch cutting deck comes self-propelled to assist in maneuvers around the yard, while its Select Cut multi-blade system offers interchangeability and a six-position cutting height adjustment between 1.5 inches and 4 inches. It even delivers three options of functionality, allowing you to choose between mulching, rear-bagging, or side discharges – all starting up at the press of a button for simplicity’s sake.

More EGO Power+ Black Friday mower deals:

  • 21-inch 56V Cordless Self-Propelled Lawn Mower with 7.5Ah battery: $550 (Reg. $649)

EGO Power+ Black Friday blower deals:

  • 3-speed Turbo 56V 530 CFM Cordless Leaf Blower with 2.5Ah battery: $143 (Reg. $200)
  • Variable-speed 56V 615 CFM Cordless Leaf Blower with 2.5Ah battery: $169 (Reg. $220)
  • Variable-speed 56V 670 CFM Cordless Leaf Blower with 4.0Ah battery: $220 (Reg. $269)

Other EGO Power+ Black Friday lawncare deals:

  • 24-inch 56V Cordless Hedge Trimmer with 2.5Ah battery: $175 (Reg. $220)
  • 15-inch 56V Cordless POWERLOAD Telescopic String Trimmer & 615 CFM Blower: $299 (Reg. $330)
  • 10-inch Telescopic LED Cut Line Indicator Pole Saw with 2.5Ah battery: $319 (Reg. $399)

EGO Power+ Black Friday snow-clearing deals:

Anker SOLIX Black Friday

Segway’s Black Friday sale takes up to $600 off Navimow H and i series robot lawn mowers starting from $799

Coming to us through its official Amazon storefront alongside its direct site, Segway has launched its full Black Friday savings across its Navimow H series and i series robot lawn mowers, with the Navimow H series models mostly discounted at Amazon starting from $1,299 shipped, with the other two models discounted to $1,599 and $1,999 – the latter of which can be found direct from Segway’s website matching this rate. These three higher-end models are coming down from their $1,899, $2,199, and $2,599 full price tags now, with most of the brand’s sales cutting the prices by $380 to $600 throughout the year. We last saw these $600 markdowns during last month’s Prime Day event, with them coming back around today to give you the lowest price we have tracked.

There are three slightly differing models within Segway’s Navimow H series – one designed to tackle yards up to 0.2 acres in size, one for 0.37 acres, and the last one covering 0.74 acres. The smallest one provides its services with a 180-minute runtime on a single charge, while the other two have longer 240-minute battery lives. All three deliver equal cutting height ranges from 1.2 inches to 2.4 inches, with the power to overcome 24-degree slopes with ease, as well as IP66 waterproof ratings to stand up against adverse elements, especially after inclement weather.

Unlike many competitor models on the market, the robot’s under Segway’s brand trade in the need for a perimeter wire to instead focus on RTK positioning, which works alongside the included VisionFence Sensor for enhanced navigation and obstacle avoidance. While you can certainly take over its performance through the array of smart controls, you can also just leave it to its own autonomous routines that you set, with it even returning to its charging station when the battery gets too low, starting where it left off once its back to a full battery. This is possible thanks to the guidance of its Global Navigation Satellite Systems that make sure to keep it within the set boundaries and also to track it down if it gets stuck on terrain or even swiped off your property when you’re not looking.

The brand’s two i series robot lawn mowers are also seeing repeating low prices with these savings, with one model tailored for 1/8-acre yards at $799 and matching at Amazon, while the other covers 1/4 acres at $1,039, also matching at Amazon. You’ll be receiving the same smart functionality, RTK navigation, and obstacle avoidance as the above H series models, and can get a full idea of what to expect when they arrive by reading our original announcement coverage from the beginning of the year.

Best Black Friday e-bike deals!

Anker SOLIX Black Friday

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

FTC: We use income earning auto affiliate links. More.

Related Topics:
Continue Reading

Environment

Tesla said you’d earn money with FSD. Now *it’s* earning money. Why cant you?

Published

3 hours ago

on

June 22, 2025

By

Tesla said you'd earn money with FSD. Now *it's* earning money. Why cant you?

Tesla spent years selling its Full Self-Driving software, for as much as $15,000, with the promise that owners would be able to use that software to send their cars out as robotaxis to earn money when they’re not being used otherwise.

Just today, Tesla CEO Elon Musk announced that Tesla will be charging a flat fee of $4.20 for rides in its highly-supervised “robotaxi”. But that brings up the question: if Tesla spent so many years promising that you could use your car to earn money, and it’s using its cars to earn money, then why can’t you?

Tesla’s autonomy efforts started long ago, with the relatively less capable Autopilot software which was first released to the public in 2015. Autopilot operated only on highways and required driver attention, but nevertheless was a groundbreaking driver assist system which was easy to use and more capable than most everything else on the road at the time.

Since then, most brands have implemented systems with similar “level 2” driver assist capabilities.

Advertisement – scroll for more content

But that wasn’t enough for Tesla, as it promised that the system would continually improve to the point where its cars would become fully autonomous, and capable of operation without any driver inside the vehicle at all.

Nearly ten years ago, Musk started the timeline, stating in late 2015 that Tesla would have fully autonomous vehicles about two years from then. He also said that you would be able to use Tesla’s “summon” feature to call your car from New York to pick you up in Los Angeles, again targeting around 2017/2018 for that capability to be rolled out.

Tesla soon upgraded its rhetorical ambitions, selling a different piece of software on top of Autopilot, which it calls “Full Self-Driving.” The idea was to pre-sell this software to Tesla owners (with a price that would only raise over time as the system got closer to launch – but that was another broken promise), and if you purchased it, you would be able to activate the software on your car when it’s ready.

All along, Tesla hailed that it was ahead of the field on self-driving efforts, largely due to the enormous amounts of data that it was collecting with millions of cars equipped with self-driving hardware (even though it double-charged some of those owners for hardware they already bought).

It said that, once self-driving is solved, the company would be able to simply flip a switch and enable the entire fleet to drive everywhere, without geofences, instantly with a simple software update.

Musk said in 2023 that this moment would be the “single biggest step change in asset value maybe in history,” echoing a previous moment when he said in 2019 that Tesla vehicles are “appreciating assets”.

The reason for this is because the cars would then be able to operate without a driver, which means they’d be able to accomplish new tasks without taking any of the owner’s time. You could send it to pick up your kids from school and not have to leave work early, or you could get it to grab a delivery for you, or any other number of ways that it would give you back time that you would otherwise have spent driving.

But even moreso, it could make you money. Tesla said it would start its own ride-hailing service, then called “Tesla Network,” and that owners would be able to send cars out, running their own autonomous taxi services while they’re at home, at work, or otherwise not using their car.

Needless to say, none of these promises have played out, despite them being made starting a decade ago.

But despite that, Tesla has already started making money from its system, it’s just not letting its customers who paid $15,000 make money from the system they were promised would be a financial boon overnight.

Tesla starts charging for autonomous taxi rides

Tesla’s much-awaited Robotaxi launch starts this afternoon in Austin. It’s a much more limited launch than one might have expected given the hype and the long, continually-pushed-back lead time, but some people will finally experience what it’s like to be picked up by a Tesla with nobody in the driver’s seat today

But it’s still not a full robotaxi – there will be a “safety monitor” in the front passenger seat, along with teleoperators for backup, geofencing (which Musk once said isn’t “real self driving”), limited operation times, potential weather limits, a user list limited to Tesla superfans, and only around 10 vehicles in the area. It will, however, count as “level 4” autonomous, if there truly is nobody operating the vehicle.

We’re looking forward to the first videos of the experience, which should be imminent whenever the launch does happen. The launch was previously scheduled for this morning, then noon, and now “this afternoon” as announced by Musk today (cutting it quite late, as if Tesla needs the first half of the day to finish preparations on a system that they’ve reportedly been testing for “several days”)

The announcement includes a mention of the fee that Tesla will be charging for this fledgling effort, in contrast with other driverless taxi services that have operated for some time before they started charging fees. Both Cruise and Waymo went through various stages of operation before they moved to public rides with fees, including safety drivers, employee-only limitations and so on.

But by the time they charged fees, they had been operating for some time with nobody at all in the vehicle, unlike Tesla’s first effort today (though both had a waitlist for the public to join the service, but your position in the waitlist was not determined by how nice you’d been to the company on twitter – for example, I used Waymo in a press preview period, and I didn’t have a minder in the car with me telling me that I had to be nice).

Today’s announcement by Musk shows that Tesla is charging a fee from day one, before the system is really self-driving, given the many limitations of this launch. The fee is set at $4.20 – an apparent reference to Musk’s many reported drug addictions.

So this raises the question: if Tesla’s service is good enough for it to charge money, good enough for Tesla to call it a robotaxi, good enough for Tesla to put up a whole page about it, where’s that software update and asset value increase Tesla owners were promised?

After all, this was supposed to happen instantly, delivered to the whole fleet, and not geofenced (except for the matter of regulatory approval – how’s that going for you, Elon?). That’s the story Tesla has always told, anyway.

Some will point out that this measured rollout of autonomous taxis makes more sense, as safety is paramount. This is obviously true, and is why other companies have focused on gradual rollouts. But if this is still just a test and isn’t full self-driving by Musk’s definition, then Tesla probably shouldn’t call it a robotaxi and probably shouldn’t charge for it.

Also, those other companies didn’t spend ten years selling a system, for up to $15k, promising the largest asset value increase in the history of the world. They didn’t say that you’d be able to summon your car across country to come get you. They didn’t claim to be robotaxis when there was a safety monitor in the front seat, and they didn’t continually hype up a launch that got pushed back the better part of a decade and is still being pushed back today, on launch day, as the hours tick on into “afternoon.”

Meanwhile, Musk’s mouth is still writing checks that Tesla owners can’t (yet?) cash, as just today he posted a clip of himself being interviewed last month, stating that “by the end of next year” (Elon! Play Freebird!) Tesla will have hundreds of thousands or millions of autonomous taxis on the road, making money for customers who purchased FSD.

So, Tesla owners get to wait, once again, until Tesla deigns to give them the crumbs they paid so much for and have waited so long for. The company will be happy to collect money itself in the interim – but you can’t. Thanks for the 15 grand.

Charge your electric vehicle at home using rooftop solar panels. Find a reliable and competitively priced solar installer near you on EnergySage, for free. They have pre-vetted installers competing for your business, ensuring high-quality solutions and 20-30% savings. It’s free, with no sales calls until you choose an installer. Compare personalized solar quotes online and receive guidance from unbiased Energy Advisers. Get started here. – ad*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Your secret weapon against summer heat: home solar power + battery

Published

3 hours ago

on

June 22, 2025

By

Your secret weapon against summer heat: home solar power + battery

Summer heat dome, reduce energy bills

A record-breaking heat dome over the central United States is sending temperatures – and cooling bills! – soaring into triple digit territory. Luckily, there’s a readily available technology that can help keep your home cool without playing that infuriating and unwinnable “keep your thermostat at 79 degrees” game: a home solar and battery system.

SKIP THE STORY: get me a price on a home solar system.

This summer of 2025 is just getting started, but a massive “heat dome” enveloping much of the central and eastern US this week will lead to, “levels of heat and humidity not seen in June in many years,” according to AccuWeather. “There will be little relief at night, with some urban areas failing to fall below 80 for multiple nights in a row, increasing the risk of heat-related ailments such as heat exhaustion or stroke.”

All of that sounds horrible, of course – but if you’ve been looking for an excuse to add a home solar and battery solution to your home, a terrifying heat dome is as good an excuse as any!

Advertisement – scroll for more content

If you need more to consider:

  • Solar panels can reduce (or eliminate) your energy bills: this one’s obvious, right? If you’re using less grid energy then your bills will go down – and at a time that not much else is!
  • Solar panels act as physical shields for your roof: this 2011 study by the Jacobs School of Engineering at the University of California San Diego found that solar panel arrays can reduce roof temperatures by up to 38%, resulting in cooler attics and less heat transfer into your air conditioned living spaces.
  • Keeps your home cool when the grid fails: massive heat means massive loads on your local grid, which can mean rolling blackouts or brownouts. If you lose power in your neighborhood, a solar panel array alone won’t keep your lights on because grid-tied solar systems are designed to automatically shut off for safety reasons, preventing electricity from flowing back “up” power lines and endangering utility workers trying to restore power. Home solar not only reduces the load on your grid, but a battery backup will enable you to keep your home and food cooler while services are restored.
  • Fight back against climate change by choosing a renewable resource: because the energy you’re using to keep your home cooler is for sure coming from a renewable source when you’ve got solar, it’s a fair bet that it’ll greener than whatever you’re doing now, even at a lower temperature setting.
  • The right time is absolutely RIGHT NOW: in the latest Senate version of the GOP’s budget and tax bill, better known as Trump’s “Big Beautiful Bill,” the established 30% tax credit for home solar and battery systems is going to be over (bye-bye) 180 days from the time the President signs it (other tax credits for utility-scale solar and wind projects are going to be completely phased out by 2028). That, combined with record low battery prices, mean the timing is tough to beat.

That’s my take, anyway – and as the temperatures keep climbing, it makes sense to make sure your roof is doing more than just impersonating Sheryl Crow all summer.

In a home solar and battery backup system, you’ve got a real, physical, and electrical edge in the fight against this years’ relentless summer heat wave … and, like, not to sound alarmist or anything, but it probably won’t be any cooler next year.

Original content from Electrek.

If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

Published

4 hours ago

on

June 22, 2025

By

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017.

Gallo Images | Getty Images

U.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the Strait of Hormuz, one of the most important trade routes for crude oil in the world.

“I encourage the Chinese government in Beijing to call them about that, because they heavily depend on the Straits of Hormuz for their oil,” Rubio said in an interview on Fox News. China is Iran’s most important oil customer and maintains friendly relations with the Islamic Republic.

Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty,” after the U.S. bombed three key nuclear sites over the weekend.

Iranian state-owned media, meanwhile, reported that Iran’s parliament backed closing the Strait of Hormuz, citing a senior lawmaker. However, the final decision to close the strait lies with Iran’s national security council, according to the report.

An attempt to block the narrow waterway between Iran and Oman could have profound consequences for the global economy. Some 20 million barrels per day of crude oil, or 20% of global consumption, flowed through the strait in 2024, according to the Energy Information Administration.

Oil prices could shoot above $100 per barrel if the strait is closed for a prolonged period, according to Goldman Sachs and consulting firm Rapidan Energy. JPMorgan analysts view the risk of Iran closing Hormuz as low because the U.S. would view such a move as a declaration of war.

Rubio said it would be “economic suicide” for Iran to close the strait because the Islamic Republic’s oil also passes through the waterway. Iran is the third-largest oil producer in OPEC, pumping 3.3 million barrels per day. It exports at least 1.6 million bpd, with nearly 80% sold to China, according to the EIA.

The U.S. retains options to deal with Iran trying to close strait, the U.S. secretary of state said.

“It would hurt other countries’ economies a lot worse than ours,” Rubio said. “It would be, I think, a massive escalation that would merit a response, not just by us, but from others.”

The U.S. Fifth Fleet is stationed in Bahrain and tasked with protecting maritime trade in the Persian Gulf. Oil market participants generally believe the U.S. Navy would swiftly vanquish any attempt by Iran to block the Strait of Hormuz. But some analysts warn that the market is underestimating the risk.

“They could disrupt, in our view, shipping through Hormuz by a lot longer than the market thinks,” said Bob McNally, founder of Rapidan Energy and former energy advisor to President George W. Bush.

Shipping could be interrupted for weeks or months, McNally said, rather than the oil market’s view that the U.S. Navy would resolve the situation in hours or days.

The U.S. would ultimately prevail but “it would not be a cakewalk,” McNally told CNBC.

Catch up on the latest energy news from CNBC Pro:

Continue Reading

Trending