Well, everything is pointing to Iran closing the strait of Hormuz now. We’re possibly looking at a repeat of the 70’s oil crisis, but there is a major difference this time. The US has enough of their own stock because of all the fracking and Europe is no longer the oil guzzler it once was. Europe also has acces to a Saudi pipeline allowing them to bypass the Persian Gulf. (LNG could a problem though).
Looks like a number of Asian countries might be the victim this time.
Saw that in the news. Appreciate your perspective on this (existence of the pipeline has never been mentioned in any of the Dutch media). I can imagine a lot also depends on the extent to which the US will let them do so and whether they’'ll be able to keep up any blockade…
Let’s not forget US access to Venezuela oil. That operation came in handy at this time. Guess it was always in the plans.
I’m just wondering. Closing Hormuz is in my opinion not the best plan for Iran. They need to get their own oil out because they need the money. Then you have the neigbours like UAE etc who will not be happy with this.
It wouldn’t surprise me if a corridor gets forced through military means.
Iran is already causing problems with debris damage on oil plants and as I read Hormuz has very limited transit at this point. The oil price is gonna be through the roof if this is prolonged for some time.
That’s also something being mentioned in the media, a US enforced corridor.
This explains the whole Chinese embassy thing as well 
They are burning all of their bridges in the Middle East with this behaviour. Like a cornered animal lashing out before the end (hopefully).
Gas prices might be even worse off than oil. Qatar announced that they are winding down LNG production or even stopping for safety reasons. That is 20% of the global LNG production suddenly gone.
It’s also a double whammy because USD is gaining major traction now, and since Oil and Gas is traded in USD… 
We’ve just had a meeting with our main risk management partner. We’re not expecting the prices to drop back for at least the next week.
i meant to include this part as well in my earlier deleted post…
cos they straight up bombed most/all of middle east countries? the US posts in them right?. Hopefully this ends soon
The U.S. administration (hoo-rah…..hoo-rah…..hoo-rah) and little dick syndrome poster child Pete Hesgeth along with the utter ghouls in Israel can fucking own this without dragging the rest of us into it.
Not just the posts I think. Also close to other civilian areas. One of the targeted countries has already permanently closed its embassy in Iran.
Sorry to interrupt your discussion on current affairs 
Crin just revealed the config of the Reference.
That’s alotta bass 
Curious to see how expensive it’ll be.
Reference but 2DDs??
Nah, that doesn’t add up, but hey, extension gonna be crazy,
down to below 10Hz easy.
, Russian President expressed condolences over the death of Iran’s Supreme Leader Ayatollah Ali Khamenei.
The Russian President called the act "a murder committed in cynical violation of all norms of human morality and international law”.
Morality
Guy who has sent 1.2 million men to a meat grinder in a War longer than they fought Germany in WW2
Routinely targets Women and Kids,
STFU dude.
Never knew it was in this much numbers…
that’s… beyond messed up.
While his country is still trying to invade and wage war on the Ukraine 
end.
ISW March 1st Report from a PRO Russian Military Blogger.
Sending sick and elderly into the 74th and not recording them so they don’t have to pay the famalies the death benefits.
What a way to die.
Ukraine was the 3rd largest Nuclear superpower
Lotta folks forget that.
We promised to protect them
U.S. and UK
They shoulda never trusted our Goverments.
…
