Iran Threatens To Close Strait Of Hormuz If US Blocks Its Oil Exports

Via ZeroHedge

With oil surging to a six month high after a now confirmed report that Trump will not reissue Iranian oil export waivers after they expire on May 2, removing up to 1 million barrels from the market…

https://www.zerohedge.com/s3/files/inline-images/iran%20oil%20exports%202.jpg?itok=NApvN52H

… Tehran has gone on the offensive and on Monday a senior Iranian military official said the Islamic Republic will close the Strait of Hormuz if it’s prevented from using it, the state-run Fars news agency reported.

“The Strait of Hormuz based on international law is a waterway and if we are prevented from using it, we will close it,” Fars reported, citing Alireza Tangsiri, head of the revolutionary guards navy force.

To be sure, this is not the first time Iran has made such a threat: back in December Iran warned it would close the global oil chokepoint, when it said that “if someday, the United States decides to block Iran’s oil (exports), no oil will be exported from the Persian Gulf.”

President Rouhani’s December threat had been welcomed by hardline clerics and military officials, including Gen. Qassem Soleimani, the commander of the Revolutionary Guard’s elite Quds Force.

Previously, in early November, a prominent hardline cleric told a Friday prayer gathering in Mashhad, considered Iran’s spiritual capital, that Iran has the power to “instantly” create conditions for $400 a barrel oil prices if it decides to act in the Persian Gulf.  Shia cleric Ayatollah Ahmad Alamolhoda grabbed headlines at the time by declaring, “If Iran decides, a single drop of this region’s oil will not be exported and in 90 minutes all Persian Gulf countries will be destroyed.”

And during the prior summer, after similar threats were issued from Tehran the spokesman for the US military’s Central Command, Captain Bill Urban, told the Associated Press that US sailors and its regional allies “stand ready to ensure the freedom of navigation and the free flow of commerce wherever international law allows”.

The Strait of Hormuz is a narrow waterway carrying a fifth of the world’s traded oil that Iranian officials have threatened to block in retaliation for sanctions targeting the country’s nuclear program.

The U.S. has said it would move to stop any Iranian attempt to block the waterway.

As such, if Trump is indeed serious about not renewing Iran’s export waivers, it may launch a sequence of events that culminated with regional war that pits Iran against the US, Israel, and Saudi Arabia. Whether or not Russia and China back Iran could mean the difference between a localized conflict and World War III.

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11 Comments
anarchyst
anarchyst
April 22, 2019 9:20 am

Iran has done NOTHING to warrant the treatment it is getting from the USA and Israel. If I were Iran, I would permanently close the strait of Hormuz “by any means necessary”. It is long overdue for the USA to stop being Israel’s b!tch and cut off all aid and assistance to Israel. If Israel wants war with Iran, it should “pay the price” itself, instead of getting the USA to do its “dirty work”.

Bob P
Bob P
April 22, 2019 9:32 am

Bolton, Pompeo, and crew must be climaxing at the thought that Iran would close the Strait; that would give them the pretext for their war against Iran, pleasing their Israeli, banking, and defense-company masters. If it brings in Russia and/or China, WW III! Neocon Christmas. Hell for the rest of us.

SmallerGovNow
SmallerGovNow
April 22, 2019 9:42 am

What happened to “America First”?
New boss same as the old boss. War, war, and more war… Chip

Anonymous
Anonymous
April 22, 2019 10:20 am

Cut a canal through the UAE and remove the threat.

Iska Waran
Iska Waran
April 22, 2019 10:38 am

The US president issues “export waivers” for the Persian Gulf to … Persia? What the actual fuck? Can’t we find some sane Jew to marry Trump’s other daughter – you know, the ugly one? How about Stephen Miller? He’s strong on immigration at least, and he ain’t exactly GQ material himself.

Fleabaggs
Fleabaggs
April 22, 2019 12:58 pm

The futures markets say it ain’t gonna happen. 1 month out or 1 year out prices barely change on Oil, Dollars and Gold. Even volume is quite except for June oil at 65.87 on 5 times the volume of surrounding months.
Besides that it would be a huge gift to Russia to see 300.00 oil. Remove 1/3 of world supply for a week and it might go to 500.00. The good news is that it would give the NWO Orcs the panic and depression they want.

Stucky
Stucky
April 22, 2019 1:23 pm

Yawn. Much ado about nothing.

If I had a dollar every time Iran made some ominous threat … I’d be a millionaire by now.

Same with that “Strait of Hormuz” map and the obligatory highlight of all that oil passing through that choke-point. Gee whiz, never saw that fucking map before (/sarc)!

I do agree that Israhell would love for the USA!USA!USA! to get in a war with Iran … and that we have a shitload of fuckers in Congress on BOTH sides of the aisle, and also in the White House, who are more than willing to suck Israel’s cock (figuratively speaking) yet again.

GoneWest
GoneWest
April 22, 2019 2:12 pm

I wonder what the right hand is doing while the left hand tells us about Iran and threats to cut off oil supply.

ecliptix543
ecliptix543
  GoneWest
April 22, 2019 3:22 pm

Prostate exams with bonus happy ending for MIC & Wall St.

gatsby1219
gatsby1219
April 22, 2019 6:33 pm

Dear Iran:

You will get a World Bank whether you want one or not.

monger
monger
April 22, 2019 7:43 pm

Sauds, US oil, BPP europen oil cartels, who gains the most ? Besides we know who. And another big win for the US Government to get to work solving the problem, diplomats have to be shuttled around the world, military gets some action, congress gets money to there districts and bleat about how they care, spy agency’s will ofc need a huge increase, cant have too many secret police to watch out for the enemy, speaking of, all the agencies involved with immigration will need more to remain on the cutting edge too stop “the wrong” people from getting into the country…… i’ll bet a war with iran will be a work program for over 20 government agencies… everyone wins, yay go team murica

Yes indeed good times, at least we can still joke about these things, and as you can tell from the above everyone will win…. except those Iranians… sick world indeed