Consequences of Blocking the Strait of Hormuz

[viljy]

first of all, a lot of factors played in as to why trump won. one of it being the economy was in bad shape and he had promised to make it better. americans have had it enough and thought democrats weren't the way to go so they swung to the right.

trump did everything to "deceive" americans but this should be expected from all politicians anyway

Yeah, now it really looks like he has deceived many of his supporters. Such significant figures as Elon Musk and Tucker Carlson, as well as many political figures, left him. It seems that the only major figures left are Paula White and Lindsey Graham (he is on the Russian terrorist list). As I assumed back then, when the Trump family released their shitcoin tokens, that this presidency would end with impeachment, so it might happen next year.

[colinistheman]

first of all, a lot of factors played in as to why trump won. one of it being the economy was in bad shape and he had promised to make it better. americans have had it enough and thought democrats weren't the way to go so they swung to the right.

trump did everything to "deceive" americans but this should be expected from all politicians anyway

Yeah, now it really looks like he has deceived many of his supporters. Such significant figures as Elon Musk and Tucker Carlson, as well as many political figures, left him. It seems that the only major figures left are Paula White and Lindsey Graham (he is on the Russian terrorist list). As I assumed back then, when the Trump family released their shitcoin tokens, that this presidency would end with impeachment, so it might happen next year.

According to several poll, the Democratic Party is likely to gain control of the House of Representatives in the upcoming midterm election. If that happen, his impeachment will almost certainly be unavoidable. But I think that would not lead anywhere, and they are unlikely to impeach him because it would require Senate approval. Meanwhile, the Rep is likely to retain control of the Senate. But at the very least, his power would be significantly limited if the House fell into Dem hand

If that happen, Trump would be the only president to be impeached 3 time 

[knowngunman]

Economic Consequences in Blocking the Strait of Hormuz

1. Inflation, this of course is a result of an increase in oil prices as major suppliers experience a surge because of the denied access and thereby inflating the prices they charge and this goes around to every marketer across the world.

2. There may be escalating war with countries like China, India, Japan, and North Korea because this is a global challenge and Europe and Asian parts will mostly be affected because of their dependence on energy supply through this route.

3. Escalating war, there could be a mount of military action against Iran over blocking strait of Hormuz as other countries would not take it lightly to retaliate and engage in military combat.

We are in the third week already since the war between the US-Israel and Iran began. Luckily, only one out of the three consequences you listed above has been effective. The price of oil has surge high affecting everyone directly or indirectly. Experts predict higher price if the Strait of Hormuz remains closed translating to the longer it remains close, the higher the price goes.

Iran is wise in their decision. They avert the second consequence by allowing the countries you mentioned above to continue using the route for their oil transportation while resist the direct enemy (America and Israel) and their allies from passing through the route. Iran probably predict this escalation if they attempt to shut down the Strait of Hormuz to everyone.

By averting the second consequences, the third one which is the military action is automatically averted too. Although, America is calling for this but everyone they've called upon reject that proposal outright. They easily reject the proposal because they are less affected.

War is never a good thing but if this war will make Israel and America to think next time before taking action, then so be it. I don't support oppression and injustice of any form.

[DrBeer]

Iran made a huge mistake by launching attacks on neighboring countries that had shown no aggression toward Iran. Although it would be more accurate to say not Iran, but the ruling regime.
 In response, it received what is logical in such a situation—retaliatory strikes from those who, as recently as yesterday, were, if not loyal to Iran, then clearly had no grievances against it. In essence, Iran itself pushed them toward a change in relations. We will find out soon enough what this will lead to, as the Iranian regime’s strength and ability to terrorize everyone around it are diminishing day by day.

How can you say that those neighborinh countries did no harm to Iran ? Those countries have given their bases to the US and the US used those bases to attack on Iran. So when missles come from those countries bases, isn't logical that Iran attack them ? Of course Iran cannot attack USA directly nor USA can attack Iran directly because both countries are far away from each other.

 I think those neighbors shouldn't have provided bases to the US in the first place, now be ready to face the consequences.

It's great that you gave that answer!
Let’s take a look at the information: air and missile strikes were launched against Iran from the following locations:
1. Aircraft carrier strike groups. Question: why did the Iranian regime’s loud declarations about the “instantaneous destruction of aircraft carrier groups” turn out to be nothing but hot air?
2. Air bases in the Persian Gulf: Bases in Qatar, Bahrain, and Jordan.  Now you list in response which countries and targets were struck by Iranian missiles and UAVs. And we’ll compare them here. If they match 1:1, everything’s fair; if there are more countries targeted by Iran—you’ll still have to acknowledge the terrorist nature of these strikes.
By the way, some questions:
- Why didn’t Iraq strike Iran, since Iraqi Kurds entered Iranian territory?
- Is Iran a legitimate target for a strike by the Armed Forces of Ukraine because Iran is a partner of the terrorist state of Russia, supplying it with weapons (missiles and Shahed drones, technology) that the terrorist state uses to destroy peaceful Ukrainian cities?
- Can all of Iran’s allies in the military-industrial complex be considered equally legitimate targets for missile and drone strikes?
Please provide answers with explanations in the context of your post, okay?

[DiMarxist]

I don't think that countries like North Korea, China and Russia will enter this war, they may offer like logistics help to Iran which is their major ally. If these countries enter this war it may escalate the war to a global crisis which may lead to a world war. Because other countries that may be standing with Israel too will join and this will not be good for world peace. I believe this military operation been carried out by Israel and the United States against Iran will come to an end in the coming days.

[UmerIdrees]

Why is everyone panicking? Sure, the price of oil has skyrocketed, but that always happens during military conflicts. There are plenty of big speculators profiting from it. First, they create an artificial shortage of demand, and then they dump incredible quantities of black sludge, causing the price to plummet. This time will be no exception. For a while, the price will continue to plummet.

And the technological world is constantly evolving, offering electric vehicles as a replacement for gasoline. So, in any case, this is a temporary phenomenon.

The panic is real because when petrol and gas prices increase, it will lead to inflation and a higher cost of living. Commodities and everything will increase drastically. Another point why this Iran-Israel/USA War is more strategic is that the longer it goes, the more it will affect the whole world economy and not just the countries involved in the war.

Just as people around the world just looked and maybe enjoyed the Russia-Ukraine War from outside, but this is not going to happen here. Everyone and their children are getting affected by this war, and the reason is not the War but the OIL.

[Akbarkoe]

Iran plans for tankers passing through the Strait of Hormuz to use the yuan as a currency in its oil transactions in the Gulf this is a form of strategy against the US for attacking them, most of the global oil trade uses the dollar and what Iran is making in the trade flow policy in Hormuz requires the yuan as a means of transaction this is a form of dedollarization as well, we know that Iran is part of it.
Iran directly opened the strait again with the new rules that they conveyed in the oil trade of the Gulf countries.
Iran must also think that closing the strait for too long is dangerous for them because neighboring countries and other countries that use the route will be angry, so Iran makes something unpredictable with the Chinese Yuan.
Is this a good move in your opinion?

This may be one of their plans.

Source

[fruktik]

The panic is real because when petrol and gas prices increase, it will lead to inflation and a higher cost of living. Commodities and everything will increase drastically. Another point why this Iran-Israel/USA War is more strategic is that the longer it goes, the more it will affect the whole world economy and not just the countries involved in the war.

Just as people around the world just looked and maybe enjoyed the Russia-Ukraine War from outside, but this is not going to happen here. Everyone and their children are getting affected by this war, and the reason is not the War but the OIL.

You're forgetting that the world of technology is constantly evolving. If oil prices are too high, gasoline prices will also rise. And what consequences will this have? For oil companies, the consequences will be dire. Why? People will abandon cars with internal combustion engines and opt for electric vehicles. This trend is already emerging in Europe. Other countries will also take note. That's why I believe that oil prices will fall again in the near future, and quite significantly. I believe the world is once again on the threshold of a technological revolution that will lead to a minimal oil consumption.