volbound1700
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I was wrong..I was thinking just about Iranian oil production,not the amount that transits the SoH.some argue there is a difference in the flow of oil (fungible) and price of oil. Even though oil can be transported from one place to another, the price will still go up:
GROK:
...oil is fungible, meaning one barrel of crude can generally substitute for another, regardless of origin, assuming similar quality. This fungibility affects how disruptions like a potential Strait of Hormuz closure impact global markets.
Price vs. Flow of Oil:
- Price: A closure threat or actual disruption in the Strait of Hormuz would likely spike oil prices globally due to perceived scarcity and risk. Even if no physical shortage occurs, market speculation and fear of reduced supply can drive prices up. For instance, 15-20% of global oil and 30%+ of LNG pass through the strait, so any disruption signal could push Brent or WTI benchmarks higher, potentially exceeding $100/barrel, as seen in past crises.
Key Considerations:
- Flow: Fungibility means oil can reroute to mitigate physical shortages. If the strait closes, alternative supplies (e.g., Saudi Arabia, U.S. shale, or Russian oil) could redirect to affected markets, though at higher costs and with delays. Pipelines like Saudi Arabia’s East-West Pipeline or UAE’s Fujairah bypass could partially offset losses, but they lack the strait’s capacity. Actual flow disruptions would depend on the closure’s duration, Iran’s enforcement capability, and global spare capacity (currently limited per OPEC reports).
In short, a Hormuz closure would primarily disrupt prices through market panic and risk premiums, while fungibility and alternative routes could limit long-term flow issues, though not without logistical strain and elevated costs.
- Iran’s ability to fully close the strait is questionable due to U.S. naval presence and partial control (Oman co-manages the strait).
- A prolonged closure would hurt Iran’s economy, as it relies on oil exports, potentially forcing allies like China to seek alternatives.
- Current reports (June 22, 2025) are mixed—some claim a parliamentary vote to close the strait, but no confirmation from Iran’s Supreme Leader or maritime data showing stopped traffic.
Cool story. I'm sure that's all that has you against it. No TDS involved at all, right? I'll bet the 'war' you are so concerned about still won't ever materialize. Trump is Mike Tyson and Iran is a beta cuck leftist.So much for this administration focusing on staying out of wars. I might have more patience with this attack if it wasn't for how loud MAGA has been about staying out of wars.
I voted for TrumpCool story. I'm sure that's all that has you against it. No TDS involved at all, right? I'll bet the 'war' you are so concerned about still won't ever materialize. Trump is Mike Tyson and Iran is a beta cuck leftist.
North Korea - which has nuclear weapons - could nuke S Korean or one of our bases there, but they haven't. How's a nuclear powered Iran different?
Iran is lead by an apocalyptic death cult which believes that blood has to flow before the 12th Imam return to earth, and that it is their duty to help promote his return. See the difference between them and everyone else with nukes?North Korea - which has nuclear weapons - could nuke S Korean or one of our bases there, but they haven't. How's a nuclear powered Iran different?
Seemingly every meeting this admin has starts out with kissing Trump's ass like thisI tried to listen to Hegseth's presser because I'm interested in the logistics of this operation.
However, he started with irrelevant praise for his dear leader, and I had to shut it off after "President Trump is the most attractive leader in the history of the world, and I listen to recordings of his voice while I choke myself to climax."
Did he ever get around to anything worthwhile?
WTH?I have yet to see evidence we actually used bunker busters. Hopefully this "attack" was more of a PR stunt and had been worked through Iranian back channels before. At this time, Iran doesnt seem to be too worried about it. I think there would be a strong response if we actually obliterated their nuclear program.
Lol!! Yeah I hear ya Ras....and Russia has the best military in the world, right?I have yet to see evidence we actually used bunker busters. Hopefully this "attack" was more of a PR stunt and had been worked through Iranian back channels before. At this time, Iran doesnt seem to be too worried about it. I think there would be a strong response if we actually obliterated their nuclear program.