#oiltrade

[thepersynposts]

US Gas Prices & MAGAnomics

Trump campaigned on usd 2 Gas. It is now usd 4,45. The MAGA Moron Cult will probably say he is delivering more than double of what he promised. They will call it #overperformance. They are probably also very pleased with, and proud of, the general price-increase of every-fìng-thing else due to his highly successful #trump-tariffs.

[rethinking-the-dollar]

Saudi Arabia's Bold Move: Is the US Dollar Being DETHRONED?

The 50-year Petrodollar deal between Saudi Arabia and the US is ending in June 2024, potentially diminishing the US dollar's global dominance and impacting the world economy. Saudi Arabia's strategic shift towards trading oil in other currencies, like the Chinese yuan, and its involvement in the CBDC initiative Project mBridge reflect significant changes in global economic dynamics.

[thepersynposts]

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers

New billboards in Tehran's metro system claim Iran could generate up to $100 billion annually from Strait of Hormuz revenues.

The figure has circulated in Iranian media alongside proposals to monetise data cables running through the waterway.

Is now the time to say thank you fucking very much, Donald? If the US (Trump) can claim ownership/control over the Panama Canal, should it not be logical that Iran can claim control over the Strait of Hormuz, which is, after all, just outside their own coastline? Time to withdraw your chubby little fingers from international stuff Donnie #Not FitForTheJob

[my-asianewstoday-blog]

Latest IISS APRSA Examines Challenges Facing Key Geopolitical Chokepoints http://dlvr.it/TSm4BR

[onlinewspost]

होर्मुज स्ट्रेटमा जहाजको आवागमनमा तीव्र वृद्धि.

[joelekm]

The Strait of Hormuz - Most Dangerous 21 Miles on Earth

Every barrel of Persian Gulf oil passes through this tiny chokepoint. The geology, wildlife, and secrets here are wild. Definitely worth a watch. From tectonic collisions to mineral-rich islands, the Strait of Hormuz is more fascinating and dangerous than I ever imagined.

[joelekm]

This Waterway Controls More Power Than Any Military

I watched a mind-blowing video about the Strait of Hormuz, a 21-mile-wide passage that controls one-fifth of the global oil supply. This vital chokepoint is the only route for oil leaving the Persian Gulf. The video dives deep into how this 35-million-year-old natural formation holds massive geopolitical power. If you're curious about global energy dynamics, this is a must-watch!

[nachandra]

1987: Bridgeton mine strike.

Another Mistake in a Series of Contradictions

From Bridgeton’s Mine Strike to Hormuz’s Closure

2026: Hormuz closed, carriers retreat, NATO absent. The symbolism of “owning the way” has collapsed. Russia mediates, Arabs pivot, oil trade shifts beyond the dollar. Another blunder in a chain of contradictions.