The U.S. has begun enforcing a naval blockade on Iran, targeting all vessels entering and exiting its ports across the Gulf and the Strait of Hormuz.
The move is expected to inflict about $435M in total daily losses across Iran’s exports, roughly $13B per month, even as its oil revenues rose 37% during the war to about $139M per day.
The IRGC had been operating a paid “protection corridor,” charging up to $2M per vessel in crypto, but the blockade could halt exports, disrupt imports, trigger food shortages, and accelerate the collapse of the rial.
Plus: vessels entering the Strait of Hormuz without authorization are subject to interception, diversion, and capture by the U.S. military. […] “The blockade will not impede neutral transit passage through the Strait of Hormuz to or from non-Iranian destinations.”
More: The thing about that Persian Gulf stranglehold is that, like the Sword of Damcles, it’s only effective until it’s played.”
I’m on the road this week and mostly out of the news cycle, so drop related links in the comments.
Meanwhile, back in Banada, Carney and the Liberals are wondering how they can keep Canadians from using any oil so they can sell all of it to their Chicom friends.
But, but, but … Katy Perry’s latest boyfriend says there is no business case for fossil fuels of any sort. Net ZERO! Punish fossil fuel use! Yeayyyyy … *cough* *cough*
Here’s El Turd with plastic drinky thingies.
https://x.com/FoxNews/status/2043724738967503028
Hey! Those drinks at Coachella are more costly than Truedope’s government orange juice! He’s gotta keep that ‘souvenir’ Red solo cup.
https://www.timesnownews.com/lifestyle/food/8000-for-one-meal-inside-coachellas-most-outrageous-food-menu-yet-article-154065962
BTW … when I was recently in Tennessee … I went grocery shopping and asked them how much they charged for the plastic grocery bags? They laughed and said … “you’re from California, aren’t you?”
“ and accelerate the collapse of the rial “
Anti-American Commie currency trader George “Satan” Soros to sweep in and rescue the rial in 5,4,3,2, …..
I am squeezing blocks, and mixing the juice with water and sugar to make blockade!
didnt take long for hormuz to be part of a protection racket eh?
whats to ‘protect’ when NUTHIN getting through? and all their weaponry to interfere with the interference is now scrap metal? do l have to say it again?
God Bless the American military and God Bless POTUS Trump doing *so many things in coordination* to
get them all ‘jammed up’. literally and figuratively.
and zee jin pingpong can suck Puketin’s weenie.
Have a good trip Kate.
Be well and take good care
L – How much oil, that used to go through Hormuz, can get to market via pipelines to other ports? How much oil can be produced elsewhere?
How much more Alberta oil could an Independent Alberta get to the world market bypassing the Liberal stranglehold? How much faster?
How quickly? Nothing like an oil supply crisis to shake the Net-Zero zealots from their perch on the nut tree.
How much wealthier would an average Independent Alberta and Saskatchewan citizen be?
How much better quality of life would there be with crime rates dropping by half or more and instead of identity politics conflict, a return to the good neighbour ethos returned?
Independence means not having your life micromanaged by people, who don’t have your best interest in mind, ever.
The IRGC was one of the last grifts the City of London had. Mexican cartels? Money laundering via European banks and the City in particular. Venezuelan illegal oil sales? Routed through the City. IRGC illegal oil sales? Through the City. This is the big game for all the marbles, ending a 700 year old grift, from Venice, then through Amsterdam and finally settling in the City. They will not lay down without horrible bloodshed, coming to a country near you. All their puppet countries, like Canada, New Zealand, Australia have let in 100’s of thousands of military age men, with none of the niceties of western culture. Best metal to own will be lead.
When Trump has deflowered Iran, he should next implement a blockade on California.
My next band, Fecal. Watch for our album, “Thank You For Your Attention To This Matter”. It’ll be dropping soon!