Iran declares Strait of Hormuz open to shipping but Trump says U.S. blockade still active
www.cnbc.com
The Strait of Hormuz has remained almost completely closed as the U.S. and Iran have disputed the terms of their ceasefire agreement.
    • limonfiesta@lemmy.worldEnglish
      14·
      10 days ago

      I mean that’s not even possible.

      OPEC countries can’t just immediately restart shutdown production sites, and I’m talking about the ones that aren’t damaged.

      And given that this is simply for the duration of the ceasefire, it is unlikely to result in any production restarts.

      This will be useful for oil that is already in storage and ready to be loaded into tankers, as well as normal goods and trade i.e. consumables.

  • pelespirit@sh.itjust.worksEnglish
    70·
    10 days ago

    So, trump started a war and worldwide economic disaster and now he’s going to take credit as stopping a war, and then when prices come down a wee bit, take credit for that too, isn’t he?

  • BarneyPiccolo@lemmy.todayEnglish
    22·
    10 days ago

    Iran has to treat countries like Israel and America as if they were training dogs, with positive reinforcement, and treats.

    “See, now that you are playing nice, we’ll open up the Strait, but we’re watching.”

    And those countries know Iran is holding a really tightly rolled up Sunday NY Times while they’re saying it, which the World has felt before.

    The Strait of Hormuz is Iran’s “Thing,” more important than a nuclear weapon. A nuke is just dick-waving stuff, but cutting off the World’s supply of everything, is REAL.

    You don’t think they haven’t considered every tiny variable that would come into play in every imaginable scenario? These guys are as smart as anyone else on earth, and while our people are plotting how to make more money, they are considering every possible way they would have to defend their country, and take control of the Strait of Hormuz.

    And we saw them do exactly that, with a decentralized mobile artillery force that has allowed them to keep firing rockets weeks after they were said to be “obliterated.” A day after Trump and Hegseth celebrated their total dominance of the air, which would allow them to fly bombers deep into Iranian territory and bomb the remaining missile sights, Iran shot down an American plane, then shot down one of the rescue planes, too.

    The AmerIsraeli War® just offered Iran the world showcase to demonstrate their power, and succeeded in proving themselves to be as powerful as any nuclear country. Thanks, Trump.

  • redsand@infosec.pubEnglish
    17·
    10 days ago

    Insurance carriers need it to stay open 2+ weeks to start insuring vessels again.

    Israel will bomb Lebanon over the weekend. And we do it all again next week

  • FlashMobOfOne@lemmy.worldEnglish
    111·
    10 days ago

    Honestly shocked that both countries agreed. Donald and Keg-breath were desperate not to look like flailing pussies, but here we are.

    Now we have to hope Israel doesn’t fuck it up and that Donald isn’t using this as cover to do something worse, which unfortunately, we can’t discount.

  • Not_mikey@lemmy.dbzer0.comEnglish
    8·
    10 days ago

    Iranian media affiliated with the Revolutionary Guard described a limited reopening of the strait. It will close if the U.S. blockade continues, according to Tasnim News. President Donald Trump thanked Tehran for opening the strait, but said the U.S. blockade of Iran’s ports remains in effect.

    Reopen the strait you crazy bastard.

  • humanspiral@lemmy.caEnglish
    61·
    10 days ago

    Would normally be prelude to broader deal, but Iran has a history of being gullible on promises made to it.

    • RizzRustbolt@lemmy.worldEnglish
      4·
      10 days ago

      They’re not being gullible here. The moment Israel violates the ceasefire, they’ll flip the sign back around on the Strait.