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In reply to the discussion: Breaking: Iran closes Strait of Hormuz [View all]JPK
(808 posts)5. All it will take is the sinking of a couple of tankers in the strait
Tankers will stay in port. Insurance rates, already high, will skyrocket. It won't take too much.
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They've never pulled it off when they've tried before. The last time they tried, they lost half of their Navy above ...
marble falls
Monday
#49
Seriously. If Iran thinks they can hold off the USN at Hormuz, they are preparing to go to paradise ...
marble falls
Monday
#56
In theory, we can keep the strait open. Just like the Bab el-Mandeb strait but most ships bypass it and sail around
progree
Sunday
#16
Most shipping has been diverted from there anyway, experts say we may see oil go up by $5 a barrel. nt
ImNotGod
Sunday
#28
The vote by the Iranian Parliament is the first step. Someone is already interfering with GPS in the Strait
LetMyPeopleVote
Sunday
#20
On the plus side for Russia, the price of oil is going to shoot back up. They just got lucky I suppose....
OnDoutside
Monday
#50