In about two days, there will be reports of massive volume of shorts on oil company stocks that occurred in the minutes before the announcement, then another day after that, nobody will talk about it again.
This is good for oil stocks/oil prices going much higher... until TACO.
From mediocre incompetents to outright villains.
Are they also going to block the ships that Iran and Japan agreed could pass through, for example? Are they really going to screw over a strategic ally like Japan just for...? You know what? Yeah, they definitely would.
maybe Japan shouldn't have surprise attacked them on december 1941.
Japan only attacked the USA in 1941 because of an oil embargo by the USA
I mean, yeah, but also they were allied with Nazi Germany and fascist Italy at the time. And pursuing their own expansionist ambitions in the Eastern hemisphere.
So japan could do the funniest thing rn
They didn't even tell us they were going to
"You're not blocking the strait of Hormuz, I am. I dont even want your strait, anyways"
It's literally high school bully level of pettiness and stupidity. And because it's on a global scale, everyone suffers. smh.
So now instead of zero blockades like we had two months ago, we have two blockades?
2 is better than 0 as 0 is for losers. /s
I hate these Maga Yanks so much.
American here. As do I.
I'm a little surprised everyone is mostly agreeing that he's doing this because he's stupid. I mean yes, he's a fucking idiot, but someone told him to start a blockade. And as we all know from the first one a week ago, it's only gonna jack up prices on literally everything even more than they are right now.
It's all a plan by the billionaire class that openly runs our country now to keep inflating prices so consumers don't have anything.
Edit: like c/BamboodPanda said, "Oil determines the price of shipping. Shipping determines the price of everything. They want to jack up everything."
100% this. He didn't come up with a solution to "open the strait!" as "don't use the strait!" So it's still closed? Because of feels? OK, but it being closed because you said so means it's still fucking closed.
Who benefits from this long term? Other than just "people who just bought oil at $98 on Monday"?
My theory is Lumpty Trumpty and the other looters are going to let the price of oil go up before announcing some sort of deal or removal of the blockade. Oil prices start to come down.
Anyone in on the looting gets to rake in the short bets on oil. It's the opposite of a pump and dump scheme.
Its mostly to jack up oil.
Trump is owned by Rosneft and OPEC
Oil determines the price of shipping. Shipping determines the price of everything. They want to jack up everything.
They loved the prices they found gouge after the pandemic and want to see how far they can push society.
Brilliant plan to reduce their own income.
He’s playing the stock market again
Can't wait for the USN to start blowing up Chinese tankers and cargo ships.
Or seizing SK and Japanese vessels for that matter.
Are we going to prevent our most Asian important allies from receiving energy supplies that could prevent, or at least significantly delay, their complete economic collapse?
Lol so let me get this straight. We went from a completely open and free strait, to a closed one, to one ran and toll, to a double blocked strait. We are up 200% blockage. Art of the deal.
Also Trump is going to starve out all of the middle east and Asia? He'll be tacoing here soon. Otherwise WW3 is guaranteed because China and Russia are preparing to have their forces escort their materials through because Iran doesn't have beef with them.
Oh, sure, this will bring down gas prices.
Snip snap snip snap
So Iran is Naboo
Owah brockade is a-perfectry regrow
Lame-ass copycats.
He saw then charging a toll and wanted to also charge a toll.
So let me get this straight... Of Hormuz.
I'd hope global reaction will be anger against US. If Israel had paused its genocide of Lebanon, 20 ships/day would have flowed out of SoH. Now it will be 0. Trump just threated NATO and other allied flag ships.
Way out is for world to negotiate with Iran to pay equivalent revenue to tolls in order to have SoH fully open. World paying instead of US/Israel, if world is too timid to show anger to US.
So now they went from the bad guy to the worse guy in this conflict. Because of course
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