How does a blocked strait of hormuz help Iran?
What's the endgame here?
If the strait is closed, the only other major exporters of oil are the US, Venezuela and Russia.
Russia is sanctioned and Venezuela is now controlled by the US. I'm also hearing reports that Ukraine is successfully targeting refineries in Russia.
If the strait is closed, all the countries need to get on a bidding war for US oil. The US profits the most from a closed strait.
On top of that, if China now relies on the US for oil, the US gets major leverage to influence China's foreign policy affairs. There were reports that Iran is allowing exports to China but Israel just bombed one major refinery in Iran. They will likely target more.
A closed strait and oil supply shock may pressure other nations to push US to end the conflict but what leverage do they have? The US now controls their oil import.
This war seems to benefit the US greatly in terms of creating leverage.
What's the endgame here?
If the strait is closed, the only other major exporters of oil are the US, Venezuela and Russia.
Russia is sanctioned and Venezuela is now controlled by the US. I'm also hearing reports that Ukraine is successfully targeting refineries in Russia.
If the strait is closed, all the countries need to get on a bidding war for US oil. The US profits the most from a closed strait.
On top of that, if China now relies on the US for oil, the US gets major leverage to influence China's foreign policy affairs. There were reports that Iran is allowing exports to China but Israel just bombed one major refinery in Iran. They will likely target more.
A closed strait and oil supply shock may pressure other nations to push US to end the conflict but what leverage do they have? The US now controls their oil import.
This war seems to benefit the US greatly in terms of creating leverage.
How does a blocked strait of hormuz help Iran?
What's the endgame here?
If the strait is closed, the only other major exporters of oil are the US, Venezuela and Russia.
Russia is sanctioned and Venezuela is now controlled by the US. I'm also hearing reports that Ukraine is successfully targeting refineries in Russia.
If the strait is closed, all the countries need to get on a bidding war for US oil. The US profits the most from a closed strait.
On top of that, if China now relies on the US for oil, the US gets major leverage to influence China's foreign policy affairs. There were reports that Iran is allowing exports to China but Israel just bombed one major refinery in Iran. They will likely target more.
A closed strait and oil supply shock may pressure other nations to push US to end the conflict but what leverage do they have? The US now controls their oil import.
This war seems to benefit the US greatly in terms of creating leverage.
