From an Al Jazeera report - Iran primarily exports oil and gas through its ports. Soon after the start of the US-Israel war on Iran on February 28, authorities in Tehran announced what amounted to a closure of the Strait of Hormuz, the only waterway out of the Gulf, through which 20 percent of the world’s oil and gas supplies pass in peacetime.
The near-shutdown of the vital chokepoint sent global oil and gas prices soaring, and since then, Iran has controlled the strait: Only ships from a few countries that struck individual deals with Tehran were allowed through. But throughout that period, Iran itself continued to export its energy products through the strait.
Iran’s oil exports through the Strait of Hormuz account for about 80 percent of its total exports. According to Kpler, a trade intelligence firm, Iran exported 1.84 million barrels per day (bpd) of crude oil in March and has shipped 1.71 million bpd so far in April, compared with an average of 1.68 million bpd in 2025.
Iran’s oil exports through the Strait of Hormuz account for about 80 percent of its total exports. According to Kpler, a trade intelligence firm, Iran exported 1.84 million barrels per day (bpd) of crude oil in March and has shipped 1.71 million bpd so far in April, compared with an average of 1.68 million bpd in 2025.
So, choke off their lifeline of cash, and the end of hostilities should be hastened. The emphasis there is on 'should'.
Crazy people rarely act the way you want them to...
If this chokes off 20% of the oil, the places that ship the other 80% should be booming, right?
ReplyDeleteHave you seen the line of oil tankers headed for u ports in the Gulf of America?
DeleteBidness is gooooooood.
You are 100% right.
DeleteRussia is making a killing.
In the US, Exxon, Chevron, BP, etc are all making an EXTRA $500Million per day and it all comes from our pockets.
Iran is also making almost twice per barrel because they keep exporting. In January they sold oil for $50-60 per barrel. Today they sell it for $110+
Mark
No. The resulting world depression will suck everyone down, including the US.
Delete"So, choke off their lifeline of cash, and the end of hostilities should be hastened. The emphasis there is on 'should'.
ReplyDeleteCrazy people rarely act the way you want them to..."
Do you think Iran cares what happens to their civilian population?
When the images of famine and decease in Teheran start surfacing. Do you think the world will blame the Ayatollah or the armada blockading access to their ports/the country that started the war?
Who do you think can wait longer for the strait to be opened? The country that has elections in November or the country that has not had elections since the 1950s?
The regime will sit down and wait. They have no rush. The more Iranians that die the better for them.
The Regime over 30,000 Iranians early this year because they didn't like them protesting.
Iran lost over 200,000 people in the war with Iraq. It is estimated that we have killed 4,000 Iranians in this war
We are nowhere near the pain threshold for Iranian death that the Iranian Regime can take. Furthermore I don't think that we would be willing to cause all the pain and suffering that would be required for the Regime to give up. We are not willing to kill millions of civilians, women and children (or at least I hope we are not willing to do it)
The blockade has already collapsed, as tow tankers of Iranian oil just passed through the Strait headed for China.
ReplyDelete