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That is not how it works in a free market. Global price rise impacts local price since oil can move around national boundaries. Gasoline prices have increased by about $1 per gallon nationally. That is about 25% increase.The U.S. is an oil-producing country, and I believe the war not affect U.S. oil prices.
Whatever happened, its good its out of action. Hope the same happens to the other carriers.Photos of the Ford in port in Crete have been published. There are no photos of any damage whatsoever indicating a strike occurred.
hope its true, otherwise israelis just killed the last hope of deal before the Quad FM meeting in Islamabad.
not many (if any ) to be honest. not even those that lack any seaport. e.g Afghanistan for ideological reasons.
It's simple, the government just needs to ban exports.That is not how it works in a free market. Global price rise impacts local price since oil can move around national boundaries. Gasoline prices have increased by about $1 per gallon nationally. That is about 25% increase.
If Iran survives even with everything destroyed but gets control of Hormuz and ability to export without sanctions - its a win.
Most likely none though to your point, the issue is complex. Iran is on one side of the strait, GCC states on the other. GCC states aren't likely to accept that; that is a direct impact on their livelihoods.Let me rephrase your comment from another perspective:
How many countries in the world - leave aside USA - will be accepting of exclusive Iranian control over the Strait of Hormuz given its role in global energy supplies?
Geopolitically, that is a far more important question to answer.
Most likely none