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by ACCount37 73 days ago
Does it matter? US is a net oil exporter, and not exactly starved for Gulf oil. And every day the strait stays closed is a day other Gulf states have a very pressing reason to conflict with Iran. As if Iran didn't give enough of those to the entire region.

Iran isn't somehow able to exert infinite economic pressure forever. They can play the chaos monkey, but how much does it helps them? Threats only work on those who cave in to them.
3 comments
bwat49 73 days ago
It does matter because oil is a global commodity, the fact that the US is a net exporter doesn't stop the prices from going up and other follow-on impacts to the global economy.
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ACCount37 73 days ago
It means that US isn't hit the hardest. There's no "we have to end the war this month or our country grinds down to a halt". Just the slow grind of economic pressure that, I remind, affects more countries than just the US - and many of them far stronger.

US leadership can just say "this isn't enough to deter us" and proceed with the rest of the war however they want.

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verdverm 73 days ago
The Iranian regime is betting that they can outlast Donald Trump on this front. Trump's War is very unpopular and they don't care what the Iranian people think or suffer through.
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kakflelajf74 73 days ago
> US is a net oil exporter, and not exactly starved for Gulf oil

I suggest not taking anything Trump says as the truth: https://xcancel.com/chrismartenson/status/203952370406177223...

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intended 73 days ago
Holy shit, thats really saying the quiet part loud.

“Does it matter?”

Yes, Who cares about the rest of the world?

Nations shutting down, businesses shutting down, and all because the elected leader of America got involved in a war to avoid accusations of pedophilia.

And lest we forget, this is the nuclear superpower. Thank god there is no conspiracy theory about Nukes being useful so far. I have more faith that the administration will bend towards conspiracies than away from them.

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ACCount37 73 days ago
I don't see Iran trying, and failing, to hold the world economy hostage as a reason to go against "no negotiations with terrorists".
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verdverm 73 days ago
If oil hits $200/barrel and inflation is double digits, people will have different priorities.
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