Wait? What! Trump now says HE will close the Strait of Hormuz? The old blockade to block a blockade that wasn’t blocked before being blocked strategy?!?
The Strait of Hormuz blockade threat has just taken a surreal turn — with Donald Trump now suggesting the US will close the very chokepoint the world feared Iran might shut. Oil markets have already flinched. The geopolitical logic? That’s another story.
What the actual… ?
Oil price jumps on news US navy will blockade Strait of Hormuz
Oil prices have spiked in early trading after the US military announced it will begin a blockade “of all maritime traffic entering and exiting Iranian ports” at 10:00am Monday ET – 2am Tuesday NZT.
The price of US crude oil rose 8% to US$104.24 a barrel and Brent crude oil, the international standard, rose 7% to US$102.29 in early trading.
“The blockade will be enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, including all Iranian ports on the Arabian Gulf and Gulf of Oman”, US CENTCOM said.
It said it would still allow ships traveling between non-Iranian ports to transit the Strait of Hormuz.
The spectre of increased oil prices from the blockade prompted a post on X by Iranian parliamentary speaker Mohammad-Bagher Ghalibaf.
Brent crude has swung dramatically during the Iran war, rising from roughly US$70 per barrel before the war in late February to more than US$119 at times. At the weekend, ahead of the peace talks, Brent for June delivery fell 0.8% to US$95.20 per barrel.
Stuff
So… who is actually blockading the Strait of Hormuz?
Let’s get this straight.
Trump gets tricked by Israel into launching the worst geopolitical blunder since Vietnam, kills thousands, promises war crimes and the genocide of a 7,000-year civilisation and now Trump now says he will close the Strait of Hormuz?!?
The old blockade to block a blockade that wasn’t blocked before being blocked strategy?!?
This is beyond satire now!
And this is where it punches New Zealand in the wallet
Even the Iranians can’t believe this latest threat..
…the Chinese are just as scathing…
… I told you Trump was a deranged orange fascist and everyone in New Zealand who has sucked up to him has enabled this fascism…
…even you die hard NZ First hate trolls are privately admitting Trump is insane because finally his madness is punching you in the wallet every time you fill up at the petrol pump!
Trump alongside Israel launched an illegal war against Iran and Iran responded exactly as we knew they would respond by closing the Strait of Hormuz.
There’s a reason no one was stupid enough to attempt direct military violence against Iran!
Listening to Trump claim victory as he derails the entire global economy is so beyond reality.
Don’t you dare forget that National, ACT and NZ First enabled this fascist!
Ahhh…the ol ‘my blockade is bigger than your blockade’ strategy as outlined in Sun Tzump’s, ‘The Art of Stupid’.
Maybe this is a matter of, “If you can’t beat’em, join em.” ?
All the more reason to seriously push hard plans to move off the dependancy of oil industries and the whims of greedy petrodollar countries. Start further diversifying more energy sources to more sustainable means and green tech. It’s pretty much adapt or die for businesses now.
Trumps comment on Iran being provoked into closing the Homuz Strait.
“We have plenty. We have so much,” The Don.
Surely this war is Trump & USA’s anti-BRICS plan to stop the Brics from moving off the US Dollar.
– blow up Nordstream gas pipe to force Germany and Europe to buy gas in USD at 3 x the price they paid Russia.
– close the strait of Homuz to cut Chinas mideast oil supply.
– take control of the worlds largest oil reserve in Venezuela and sell that oil to China in USD
– sell fracked oil from the US homeland to Europe and Asia
– invade Greenland for rare earths