Trump is beginning to panic – Iran will never allow the Straits to reopen
Trump is beginning to panic as the magnitude of his illegal war with Iran plays out…
White House defines Trump’s demand for ‘unconditional surrender’
The White House has offered a novel definition for “unconditional surrender”, after US President Donald Trump made that demand of Iran over the weekend.
…if he thinks he can simply shrug, claim victory and move onto Cuba, he has another thing coming.
Netanyahu has been trying to claim Iran was mere moments away from a Nuclear weapon and the West must attack them for 40 years now and no American Administration was dumb enough to ever go along with it because very single time the CIA geeks and Military Goons war game attacking Iran it always ends in a blood drenched massacre with refugee waves, violent religious schisms, regional wars, a couple of Capital American Ships sunk and a massive energy crisis.
By killing the Ayatollah first, America stepped over Iran’s only red line.
The new far more hard line Son wants America to suffer and so they are mining the Straits and refusing to allow anyone through.
This will have a cascade effect…
Saudi oil giant warns of ‘catastrophic consequences’ if Strait of Hormuz not opened soon
… oh it will be catastrophic…
The South Koreans are looking at ending refined oil exports, NZ gets 48% of our oil from them.
If they shut down exports, it will be crippling to NZ’s economy.
NZ has 30 days of petrol on shore and a further 30 days in tankers heading here – BUT – those tankers can sell to other clients before they get to NZ, so we HOPE they come here, but if the situation goes longer, that oil can be sold before it gets here and they will turn around.
Bernard Hickey has the report on what sitting the straits means for NZ’s fuel…
Report advised on Hormuz risks, including forecast of hit to GDP
An Envisory-Castalia report on Fuel Security for the Government last year considered the risk of a major disruption such as an extended closure of the Strait of Hormuz and estimated a GDP hit of upwards of 1% of GDP. It estimated prices would increase by twice as much as during the Ukraine crisis.
…I think the 1% GDP destruction is optimistic.
Trump has damaged so much with this illegal war.
He believed that he could bully religious zealots the way he did with a corrupt crony Revolutionary Venezuelan Government.
He can’t and he’s put his leg in a. bear trap and is thrashing around making it worse.
Iran want’s America to suffer and have no intention of allowing the Straits to reopen until they have had their pound of flesh.
