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Iran orders closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk


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Posted

Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows.

The move, which could block $1 billion in oil shipments per day, is likely to send oil prices soaring.

It will come into effect pending a final decision by Iran’s Supreme Council.

https://nypost.com/2025/06/22/world-news/iran-orders-closure-of-strait-of-hormuz-putting-one-fifth-of-worlds-oil-supply-at-risk/

 

If anything good comes out of President Trump's mistake, it will be the end of the American people's support of Israel.

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Posted
9 minutes ago, EVENKEEL said:

The outbound and inbound lanes of HS belongs to UAE. Iran's territorial waters are just north of the inbound land. How can the Iranians just close the Strait?

I think you'll find it's Oman but the fact remains Iran can't close the Straight of Hormuz.

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Posted

Oil to 10 million.   Bankrupt all car owners.  Enslaving the poor.  Destroy the middle class, protect the rich.

 

The Illuminati has spoken.

 

Chat away, as your fake freedom becomes even more fake.

 

Fear, uncertainty, deflection.... the poor never understand the game until it's too late, and it doesn't matter, there's nothing they can do about it anyhow.

 

soon the poor will fight the poor.   

 

game as old as time

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Posted
Just now, NoDisplayName said:

 

@EVENKEEL seemed to be saying Iran can't do dat, it's against international law.

 

You know, like bombing some country you're not at war with.

Like Obama did.

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Posted
13 minutes ago, dinsdale said:

I think you'll find it's Oman but the fact remains Iran can't close the Straight of Hormuz.

You're right, it's Oman or so the map shows.

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Posted
2 hours ago, annotator said:

The move, which could block $1 billion in oil shipments per day, is likely to send oil prices soaring.

Iran has no power no creditably, no allies to come to the rescue and no lifeline, let’s sit back watch and see how this plays out.

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Posted
17 minutes ago, NoDisplayName said:

 

Iranian airspace belongs to Iran.

How can the US just fly in and bomb them?

Easy, the same way there were numerous bombing raids in Yemen last year with the Biden admin, the UK and supported by numerous other countries

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Posted
1 minute ago, NoDisplayName said:

 

Thanks, I think I'm getting a handle on this "rules-based international order" thingie.

 

Guess it's okay under international law for China to bomb the Philippines or Australia if they get the urge......If supported by other countries.........Russia or North Korea or what's left of Iran.

 

International law is fun.

Thanks, I think I'm getting a handle on this "rules-based international order" thingie.

 

No you really aren't 

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Posted
21 minutes ago, NoDisplayName said:

 

Thanks, I think I'm getting a handle on this "rules-based international order" thingie.

 

Guess it's okay under international law for China to bomb the Philippines or Australia if they get the urge......If supported by other countries.........Russia or North Korea or what's left of Iran.

 

International law is fun.

Ridiculous comment. Trump took action to take out the ability of the worst fundamentalist Islamic nation on earth from producing nukes. Your analogy of China bombing Australia is infantile.

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Posted

Some people watch, some people make the big money.  Remember when Oil futures hit zero (negative carry at one time)?????  FREE money, people. I don't get paid to chat.  lol

Crude Oil WTI (OIL)

Currency inUSD
Add to Watchlist
 
75.90
+2.06(+2.79%)
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Posted
10 minutes ago, EVENKEEL said:

They can do alot of things to disrupt. The use of remote control speedboats laden with explosives has long been a security issue in the Gulf.

Sure they can, but now they are not their proxies, they are the target and will get the snot stomped out of them rather quickly. This game is no Biden/Obama dance of oh-hum ambiguities anymore.

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