Iran's Parliament Votes to Close Strait of Hormuz After US Attacks
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next time
Here's hoping there will even be a next time.
If the option to vote with paper is gone try lead.
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The only way for us to leave the middle east alone is if they have the bomb. The further they are away from possession of the nuke, the more likely we are to invade and generally fuck with them.
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You're right.
They should all vote Green.
Well, they need to start by registering for the green party.
You can't show up on November 6th and say "everybody should have voted for Jill Stein!" After she barely gets more votes than the worm riddled antivax conspiracy theorist that dropped out of the race and backed trump.
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Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.
Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le
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Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.
wrote on last edited by [email protected]Good on them for being smart about this. Doesn’t always have to be bombs. I thought Trump was supposed to be a good business man.
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Unfortunately the oil we drill can't be refined here. So it doesn't matter if we drill more. We can't do anything with it without sending it east.
It's okay, kids can build and work the refineries.
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Unfortunately the oil we drill can't be refined here. So it doesn't matter if we drill more. We can't do anything with it without sending it east.
The US has been a net exporter of refined petroleum since 2010.
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Good on them for being smart about this. Doesn’t always have to be bombs. I thought Trump was supposed to be a good business man.
You mean that guy that had not one, not two, but three failed casinos?
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The US has been a net exporter of refined petroleum since 2010.
Yeah but it's not the same quality or type of oil that the Middle East has. However Alaska does have that type of oil...
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Unfortunately the oil we drill can't be refined here. So it doesn't matter if we drill more. We can't do anything with it without sending it east.
Why can't it be refined here?
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Out of all the countries that could profit from this, Norway is the country I have the lest problems with tbh. Saudi Arabia on the other hand...
Right? US spends a metric ton of money on bases and basically running the middle east, they could at least throw in a nicer regime instead of some insane monarch dictators.
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It's okay, kids can build and work the refineries.
The children yearn for the 'fines.
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If the gas price skyrockets
We're a net oil exporter these days, thanks to hydrofracking.
https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php
In 2020, the United States became a net exporter of petroleum for the first time since at least 1949.
If the gas price skyrockets, (a) if it becomes really serious, it's possible for the US to not export oil and (b) more US oil production will come online.
Loss of oil access was a potent lever against the US in the 1970s, but it isn't in 2025.
We are talking 20% of global supply here.
The US can't just buffer that for its own people. Also this affects all manufacturing and shipping outside the US going to the US.
And if the US doesnt share the consequences and deliver oil to its "allies" in Europe that will damage the relationships substantially.
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Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.
Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le
_
Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.
This must be a very difficult decision. It heavily affects China, as Irans biggest trade partner for oil, as well as the other exporting gulf states Iran tried to normalize relationships with during the last years. Oil prices will go up, Putin will benefit.
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The poor should rethink their vote next time
Sorry, couldn’t hear you over all the deafening silence from Kamala Harris and Joe Biden about how much they oppose this foreign policy and how different things would have been in this regard if either of them had become president.
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You mean that guy that had not one, not two, but three failed casinos?
Apparently that’s good business? Haha
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We are talking 20% of global supply here.
The US can't just buffer that for its own people. Also this affects all manufacturing and shipping outside the US going to the US.
And if the US doesnt share the consequences and deliver oil to its "allies" in Europe that will damage the relationships substantially.
And this administration has shown what signals of concern about that, again?
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Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.
Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le
_
Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.
Oh boy can't wait for more inflation, war and destruction!
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Why can't it be refined here?
wrote on last edited by [email protected]Here is a video about it. In a nutshell, the oil we are able to pump out of the ground is a much lower quality oil and our infrastructure is not setup to handle the low quality crude oil. In order be able to process it, we would need to spend billions for the infrastructure and it wouldn't make financial sense since the East processes it for so much cheaper.
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Why can't it be refined here?
I was curious, and this is what I found.
As of January 2024, there were 132 operating oil refineries in the United States with an atmospheric crude oil distillation capacity of 18,374,628 barrels per calendar day according to the U.S. Energy Information Administration (EIA).[94]
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Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.
Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le
_
Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.
$300 dollar barrel of oil in 3, 2, 1…
