Iran Threatens To Block The Straits of Hormuz

[Razgovory]

Anyway, if they block it up, it'll probably be with hair and dirt or something.  We can just use large amounts of liquid plumber.  That'll do the trick.

[Tonitrus]

Anyway, if they block it up, it'll probably be with hair and dirt or something.  We can just use large amounts of liquid plumber.  That'll do the trick.

Not always, sometimes you need to call in Roto-Rooter.

[Crazy_Ivan80]

Anyway, if they block it up, it'll probably be with hair and dirt or something.  We can just use large amounts of liquid plumber.  That'll do the trick.

Not always, sometimes you need to call in Roto-Rooter.

you could send in Joe

[HisMajestyBOB]

Anyway, if they block it up, it'll probably be with hair and dirt or something.  We can just use large amounts of liquid plumber.  That'll do the trick.

Greasy Middle Eastern hair? 

[CountDeMoney]

Anyway, if they block it up, it'll probably be with hair and dirt or something.  We can just use large amounts of liquid plumber.  That'll do the trick.

Greasy Middle Eastern hair? 

No shit.  Worse than pubes.

[MadImmortalMan]

And yet, crude is down a buck fifty today.


The news this morning had a statement from the WH that basically blew it off as a threat. Sure, they have a plan to keep the strait open, but it would take way less resources on Iran's part to close it than it would on ours to open it. If not mines, then a missile strike could sink a tanker or two in the shipping lane and fuck everyone over. One LNG dome going off would be big fireworks.

[alfred russel]

And yet, crude is down a buck fifty today.


The news this morning had a statement from the WH that basically blew it off as a threat. Sure, they have a plan to keep the strait open, but it would take way less resources on Iran's part to close it than it would on ours to open it. If not mines, then a missile strike could sink a tanker or two in the shipping lane and fuck everyone over. One LNG dome going off would be big fireworks.

It is a giant and pathetic cry for attention. They block the strait, and then what is the next step? The middle east (and rest of the world) sides against them, and a few missiles into Iran cripples their economy. Not to mention they need that strait open more than we do.

I'm guessing whoever is running Iran is just jealous of all the attention North Korea and Syria are getting at the moment.

[Admiral Yi]

It is a giant and pathetic cry for attention. They block the strait, and then what is the next step?

Sort of like Occupy Wall Street.

[Ideologue]

It is a giant and pathetic cry for attention. They block the strait, and then what is the next step?

Sort of like Occupy Wall Street.

OOOOOHHH.

[KRonn]

Ah heck, let them block the Straits of Hormuz. Won't matter to us in the USA. We get very little oil from there anyway. And if we avoided taking action, then we can't be ragged on for sticking our noses in everything. If we do react, then we're the heavies for getting involved. I say don't worry about the Straits, and build the Canadian pipeline! What could possibly go wrong?   

[Eddie Teach]

It is a giant and pathetic cry for attention. They block the strait, and then what is the next step?

Sort of like Occupy Wall Street.

[MadImmortalMan]

Ah heck, let them block the Straits of Hormuz. Won't matter to us in the USA. We get very little oil from there anyway. And if we avoided taking action, then we can't be ragged on for sticking our noses in everything. If we do react, then we're the heavies for getting involved. I say don't worry about the Straits, and build the Canadian pipeline! What could possibly go wrong?   

It's not like it won't have an effect on our commodity prices though. Sure, we won't have supply shortages, but we'll still pay a lot more.

[KRonn]

Ah heck, let them block the Straits of Hormuz. Won't matter to us in the USA. We get very little oil from there anyway. And if we avoided taking action, then we can't be ragged on for sticking our noses in everything. If we do react, then we're the heavies for getting involved. I say don't worry about the Straits, and build the Canadian pipeline! What could possibly go wrong?   

It's not like it won't have an effect on our commodity prices though. Sure, we won't have supply shortages, but we'll still pay a lot more.

Higher prices, all the more incentive for green energy! Higher prices would help make green energy more plausible. And we could open up a lot more offshore drilling, instead of just China, Mexico or who ever else doing so just outside our borders.

[MadImmortalMan]

More likely it will spur faster investment into shale plays in flyover US and Canada.

[OttoVonBismarck]

And yet, crude is down a buck fifty today.


The news this morning had a statement from the WH that basically blew it off as a threat. Sure, they have a plan to keep the strait open, but it would take way less resources on Iran's part to close it than it would on ours to open it. If not mines, then a missile strike could sink a tanker or two in the shipping lane and fuck everyone over. One LNG dome going off would be big fireworks.

It's not as big a deal as is made out to be. Iran would mostly still be using Silkworm missiles of Iranian manufacture (the Chinese theoretically stopped selling HY-2s to Iran in the early 90s but Iran can make them themselves now.) These missiles are essentially "dumb", you launch them in a direction and the on-board radar flies them into stuff and they blow up.

During the Iran-Iraq War Iran used several of these to damage tankers and hit a Kuwaiti oil platform. But it was pointed out because they are essentially dumb missiles, you could put out ten decoys for every legitimate target that Kuwait had in the area for less than the cost of one Silkworm missile. So if you properly deployed decoys it would make it very un-economical for Iran to use those against land-based targets.

If we end up having to escort tankers through the Straits as we did in the late 80s, that's an expensive proposition and we'll probably suffer a few missile hits. But we have more advanced anti-missile technology than we did back then, and I don't think the Iranians have significantly improved on a 25 year old missile design (one that even in its prime was not first rate.)

Anyway, if Iran tries anything I don't imagine the situation will be any worse than it was during the end of the Iran-Iraq War when tanker attacks got to be really common (especially in 87.) It caused problems and reduced the volume of oil coming through there, but it wasn't the economic cataclysm I've seen some people suggest Iran could bring about.