Iran - Israel/US War: Israel-US declare war on Iran, Iran responds

[Persian Gulf]

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[BHAN85]

Something like 20% of global energy supplies travels through Strait of Hormuz, not 80% which many like to imagine.

What was the amount during two-years of Covid-19 lockdowns? How did the world survive a Mad Max scenario back then?

20% of total world crude consumption

But 40% of total world crude oil exports

Crude oil producers countries spend a lot internally.

 

[hussain0216]

Something like 20% of global energy supplies travels through Strait of Hormuz, not 80% which many like to imagine.

What was the amount during two-years of Covid-19 lockdowns? How did the world survive a Mad Max scenario back then?

It's not just oil, it's fertilizer, travel, the knock on effect to investments coming from the GCC

Iran has no reason to bow down to U.S extremism

 

[Abdul q]

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Terrorists have lined up their fellows inside iran

 

[Persian Gulf]

Where was Rouhani?

 

[Oldenwisdom...قول بزرگ]

20% of total world crude consumption

But 40% of total world crude oil exports

Crude oil producers countries spend a lot internally.

He had no point to begin with... during covid there was a demand collapse and US released oil from SPR in 2022 to bring the prices down from all the resumption in demand coming from Asia.

Strategic Petroleum Reserve

Strategic Petroleum Reserve

www.energy.gov

For so many here... oil shock is not even a distant memory. The SPR since Reagan did provide a cushion and petro dollar liquidity...

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For the rest...

 

[Be dazzled]

Yanks are preparing for boots on ground. If so, things will escalate out of hand at lightspeed and engulf the whole region. Judging by the vicious Iranian response thus far I fear the worst God forbid.