What would you do??
2 responses | 0 likes
Started by wglassfo - May 30, 2019, 10 a.m.

If you were Iran and oil exports dropped from some 2.6 million BPD to 4-5000,000 BPD 

Granted some may slip thru with oil tanker transponders shut off, so who knows how much is sold

However, Iran has to feel the lack of revenue, big time

That is a lot of mony in a yr.

Iran can't fight the USA in a conventional war and have any hope of winning

Do they shut down all tanker traffic thru the the Straight of Hormez and then blame the USA for starting this boong doggle

They do have lots of options such as  a couple of mines blowing up a tanker with more promised would send the cost of insurance so high nobody would be able to afford oil or the insurance premiums or risk a tanker lost to some thing

It is never a good idea to box some body in

Granted Trump has said he is willing to talk any time but can Iran really do that and save face

Comments
By mcfarm - May 30, 2019, 11:03 a.m.
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hell they could live off all the billions Obama shipped them for years

By mcfarmer - May 30, 2019, 11:37 a.m.
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“hell they could live off all the billions Obama shipped them for years”


Very insightful, predictability is at times a virtue.