Iran are toast

[willendure]

https://news.sky.com/story/midget-su...ormuz-13518700

"Midget subs and kamikaze drone boats - how Iran can block the Strait of Hormuz

The fear of mines laid by submarines, kamikaze drone boats and GPS jamming have effectively closed the Strait of Hormuz.

Iran has long threatened to shut the narrow waterway through which 20% of the world's oil supplies passes, knowing that doing so would cause market havoc and send prices soaring. This is effectively what has now happened.

At least 16 ships have been hit by Iran since the conflict began, with Tehran releasing a video (below) of what it claims is the moment an oil tanker was attacked off the coast of Iraq - with devastating consequences."

Funny thing is, 80% of that oil goes East. The biggest loser there is China, which is crippled without oil from the gulf. Menawhile USA has energy independence due to fracking. They could even cut their domestic market off from the world, and the president has the power to do so unilaterally, allowing the oil price in the USA to remain low whilst the rest of us fight it out over the scraps.

So it will be Irans "friend" China that will be the one leaning on them to re-open the straits before the Americans give a tulip.

I think the US can handle a higher price, and right now they even need it to fund a fresh round of drilling in the Permian.

Might play into Putins hands a bit, but lets hope that we don't give in and buy Russian oil.

Honestly, I would be happy to just use my car a lot less for the next couple of years anway.

People are calling it a major blunder by Trump, but I don't see it that way. I don't even think its his idea, its the pentagon they just saw their opportunity to use this president to get something done they have wanted to do for a long time. They can squeeze Chinas balls by squeezing the Straits of Hormuz, its all the same whether its Iran or the USA doing the squeezing.

[sadkingbilly]

I read that ..........................

I read that ..........................

big Archie down the pub says..............................................

[willendure]

Sad King Billy says .................. nothing of interest, just likes to troll.

[sadkingbilly]

Sad King Billy says .................. nothing of interest, just likes to troll.

you mean all the crap in this thread is 'of interest'??
to whom?