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by ajross
54 days ago
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The blockade is 100% unsustainable. It's a joke. The world can't absorb a 25% cut in oil production for anything more than a few months. Reserve capacity is already being tapped. The futures market says it's only a mild disruption because the futures market is predicting (correctly, so far) that it's all a joke that will disappear in a confusing TACO in a few days. |
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IRGC can't absorb that for more than a few months either, and if the world wants to open the strait they would rather attack Iran over the strait than attack USA, so there is no way this state will benefit IRGC if it keeps up.
It was IRGC mining friendly countries waters and attacking ships in friendly waters, every country affected has the right to go attack IRGC over that but they choose to wait and see for now. But if it gets as bad as you suggest then they will just force Iran to open it, they wont force USA to do anything since its not USA that is illegally blocking it.