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Iran to completely close Hormuz if Trump executes threats on Iranian energy, Revolutionary Guards say (www.reuters.com)
submitted 5 months ago by to c/news@lemmy.world
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Iran will completely shut the strategic Strait ​of Hormuz if Trump executes threats to target Iranian energy facilities, ​the country's Revolutionary Guards ​said in a statement on ⁠Sunday.

Trump on Saturday threatened ​to "obliterate" Iran's power plants ​if Tehran did not fully reopen the Strait of Hormuz within ​48-hours, suggesting a significant ​escalation barely a day after he ‌talked ⁠about "winding down" the war, now in its fourth week.

In their Sunday statement Iran's ​Revolutionary ​Guards ⁠also said companies with U.S. shares will ​be 'completely destroyed', if Iranian ​energy ⁠facilities were targeted by Washington and energy facilities ⁠in ​countries that host ​U.S. bases will be 'lawful' targets.

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[–] 111 points 5 months ago (2 children)

Trump assumes the IRGC are as dumb as him and the people he's surrounded himself with, which is going to be catastrophic for how this goes for him. The IRGC are theocratic authoritarians who are not motivated by money, and he can't conceive of this, so is clearly at a total loss as to how to handle the situation he has created

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  • [–] 31 points 5 months ago (12 children)

    I'm in a very very privileged position to be able to say this, but I am more than happy to pay a little bit extra at the pump and on my gas bill, just for that colossal fuckwomble to be shown up on the world stage for being a weapons grade tosser.

    Is it childish? Yes. Does it make me feel slightly better about the world? Also yes.

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  • [–] 15 points 5 months ago (5 children)

    How long do you think that position will last?

    If energy infrastructure is destroyed, then "paying a little bit extra at the pump" is just the beginning. You will need to reduce your overall consumption by 15-20%.

    Remember the worst month of Covid? That's the last time consumption was reduced so heavily. Now imagine that Covid lifestyle for 5 years as energy infrastructure is rebuilt.

    The joy of Trump's downfall will not be enough to mask the real economic pain, unfortunately.

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  • [–] 13 points 5 months ago (1 child)

    I feel like this would be a net win for the world. Everyone in the old empire is shooting themselves in the dick right now. If Iran stops the flow of oil, countries are going to be forced to very, very, very quickly invest heavily in renewables more than they already are.

    This idiot may have single handedly put a dent in global warming.

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  • [–] 2 points 5 months ago* (1 child)

    Also an Oil Shock will almost certainly cause the AI bubble to burst, another win which also reduces global warming.

    Personally I would also love to see the ended of the Reserve Currency status for the USD, which is a possible consequence of the reduction in use of Oil (though it's a less likely outcome in the short and even mid term).

    PS: By the way, great username.

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  • [–] 3 points 5 months ago

    I also recognize my privileged position when I say this: I'm pretty sure I can tolerate it longer than the American Oligarchs will tolerate the loss of profit and start using those politicians they've purchased to put an end to it.

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  • [–] 1 point 5 months ago

    It will accelerate energy transition.

    Even Fertilizers can be produced from renewable power (the hydrogen needed to make Amonia can be produced by electrolosys) and need not be made from gas.

    A short sharp pain might be in the best mid and long term interest for most of us, the environment and even parts of the Middle East itself (American interference there makes no sense if their Oil is just another unimportant mineral product) and it might even lead to the end of the USD Reserve Currency status.

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  • [–] 6 points 5 months ago (2 children)

    Shit. Maybe the Alberta oil sands will finally be profitable! Haha, nah just kidding. They wont.

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  • [–] 4 points 5 months ago*

    They've been profitable for some time.

    A lot of people say they're profitable at $60/barrel, but it's more like between $50 and $80, depending on a bunch different factors, such as location and extraction method.

    But that's only considering profitability in the terms of the current political system.

    If a new system came along that factored in harms to the environment, global warming, etc., they could go back to being unprofitable.

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  • [–] 24 points 5 months ago (3 children)

    Just like the taliban, they aren't motivated by money, that is insightful. They believe in something. Which means none of what the US can do will work on them, just as it didn't with the taliban.

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  • [–] 6 points 5 months ago (2 children)

    Worked on the Houthis though. Iran might be a tougher nut but they won't sacrifice everything just to keep the Strait closed

    Then again, keeping power over the Strait is one of the most valuable pieces they still have on the board

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  • [–] 10 points 5 months ago (4 children)

    Raising oil prices is the ONLY card Iran has to play.

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  • [–] 2 points 5 months ago (1 child)

    Idk, a bomb vest in Disneyland would be an interesting maneuver

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  • [–] 2 points 5 months ago* (last edited 5 months ago)

    Oil AND gas.

    Which in turn will propagate to massive inflation in the West and possibly even problems with food production.

    Further they can fuck up the economy of the Gulf states which are allies of America to such a point that they end up in a death spiral from which they can't recover.

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    • [–] 18 points 5 months ago (3 children)

    Did it open back up at some point?

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  • [–] 32 points 5 months ago (1 child)

    They've been letting some ships through heading to India and China, and were talking about setting up a vetting system to allow more ships through

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  • [–] 5 points 5 months ago (4 children)

    I thought they were mining the strait? How are they gonna control who hits the mines?

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    • [–] 11 points 5 months ago (3 children)

    I don’t know enough about all this, but how difficult is it for them to keep it shut? Do they just bomb any boat that tries to go through it?

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  • [–] 2 points 5 months ago

    No, they allow boats they clear through. Boats have obscured ownership, most are registered to the same three countries, little backwaters, so if they attack one specifically, it's because they got word their ownership is billinaire US or Israel or connected.

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    • [+] 8 points 5 months ago* (last edited 4 months ago) (2 children)
    [deleted]
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    • [–] 3 points 5 months ago

    Another extremely reasonable statement by Iran

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    [–] 2 points 5 months ago*

    Again, again and again Trump has shown that he follows the mindset of the bully, and he's not even subtle or sophisticated about it: he threatens the other side to get something out of them and if they concede in some way (and merelly trying to accomodate him is seen as a concession), then after a while he'll come at them again with further threats and demanding even more, whilst if they pushback he TACOes.

    We saw this with Europe: Trump does the whole Tariff thing and the EU Commission goes for a trade treaty to accomodate him. He kept on using Tariffs as threat against the EU and EU nations and didn't took long for him to break that treaty. Meanwhile with the whole Greenland thing Europe started preparing for War and various European nations even sent military trigger forces there with the result that Trump TACOed.

    So what Iran is doing is exactly the correct response to somebody like him: "You do that and we'll fuck your shit up even more than now".

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