Iran just announced closure of the Strait of Hormuz.
Twenty million barrels per day move through that 21-mile chokepoint. Fifteen percent of global LNG. One-fifth of the planet’s petroleum. The IRGC broadcast the warning. Brent spiked to $120 instantly. If one tanker is hit, oil
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Iran just announced closure of the Strait of Hormuz.
Twenty million barrels per day move through that 21-mile chokepoint. Fifteen percent of global LNG. One-fifth of the planet’s petroleum. The IRGC broadcast the warning. Brent spiked to $120 instantly. If one tanker is hit, oil will jump to $200. At $200 oil, the global economy doesn’t “slow.” It locks up.
This is a regime under direct military pressure pulling its last economic lever.
An oil shock of this scale doesn’t just hit drivers. It hits Chinese factories that run on imported crude and the war machinery those factories ultimately sustain.
The U.S. Fifth Fleet sits in Bahrain. A carrier strike group waits nearby. One attack on a tanker and the response won’t be symbolic. It will be decisive.
Iran isn’t sealing the artery of industrial civilization.
It’s daring America to reopen it by force.
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