BREAKING - Iran 'definitely' closing Strait of Hormuz in the event of an EU oil embargo

[Philosophy_of_Politics]

I think it's rhetoric from both sides. The Lincoln sailed through the straights into the Gulf yesterday without incident.

RT News is usually fairly accurate on foreign affairs. This is Iran "talking big," but you know the "foreign policy experts" will pre-emptively strike, and then the media will report it as Iran being the aggressor.

 

[luctor-et-emergo]

I think it's rhetoric from both sides. The Lincoln sailed through the straights into the Gulf yesterday without incident.

Yes it's rhetoric.

IRAN) They won't fire, as they know they are sitting ducks. They might do some damage, maybe sink one US ship, but they'd lose their navy overnight, have their nuclear facilities bombed the same day. Their ONLY oil refinery will be destroyed as one of the first targets I imagine.

US) Would win the battle, but lose the war. As with Afghanistan, Iran is very mountainous, 3 times the size of Iraq, and it has a somewhat radicalized population. Not to say it's the same as Afghanistan, because it's not. But some of the same problems, and others would rise later on.

Besides that. For the US it's economic suicide to have oil prices rise so dramatically. The economy would tank, inflation would rise due to government stimulus, besides all the printing for the war itself. Everything would get a lot more expensive, on top of the inflation there already is... This is a recipe for hyperinflation in my view.

 

[swissaustrian]

The oil market is hardly reacting and there is only one source. I will wait for a confirmation for that before I believe it.

 

[luctor-et-emergo]

The oil market is hardly reacting and there is only one source. I will wait for a confirmation for that before I believe it.

All the traders watch FOX and CNN They don't see things until it's too late.

Anyways, Crude prices are still quite high, and the threat of closing straights has been there for a while now, so they adjusted to that amount of threat.
Just wait until Fox/CNN start reporting on this.

 

[swissaustrian]

All the traders watch FOX and CNN

They don't see things until it's too late.

The markets are dominated by high frequency trading today, i.e. computers. They're discounting new Information in nanoseconds.

 

[HOLLYWOOD]

Why do you think NATO & US assassinated the Qaddafi government of Libya? That $5 trillion in high grade, uninterupted crude when the war with IRAN starts.

All according to plan.

 

[wilcox71]

Pumping up the oil prices..... Who's profiting ?

Follow the money...

 

[Feeding the Abscess]

this is not good. positions and stances are hardening and escallating.
jon huntsman and ron paul were not pushing for a war at all, and now
dr. ron paul stands alone amoung a field of rabied jingoistic warhawks!

Na, even Huntsman said he'd send in ground troops to Iran.

 

[HOLLYWOOD]

Follow the money...

Especially the Sales Tax many states have on gas. higher the price, the more revenue for government. Now you know why government loves inflation. That little racketeering between; realtors, banks, and government in the housing sector, well, how's did that work out for the people/homeowners?

 

[The_Ruffneck]

link me

 

[LoneWolf]

DAMNIT!!!!!! Gas is high enough already! Wife don't even get paid till this afternoon it was 3.35 yesterday at this rate its gonna be 5.35 come this afternoon...sigh...I gotta drive 55 miles one way later this week...getting tired of this crap.

 

[Philosophy_of_Politics]

link me

Edited my first post.

 

[Working Poor]

I feel for the people of Iran. They are innocent but they will be the ones who suffer. I hope as many who can will leave there.

 

[Aratus]

Na, even Huntsman said he'd send in ground troops to Iran.

he's the less glandular, rabied and jingoistic warhawk, then...

 

[rb3b3]

i accidently came across this video that was uploaded a day or so ago.... check this out it is insane!!!! but now today after rerading this thread it makes sense!!!! http://www.youtube.com/watch?v=n118IwMQQPc

 

[moostraks]

I feel for the people of Iran. They are innocent but they will be the ones who suffer. I hope as many who can will leave there.

Iran has the support of China and Russia. We are going to get bit hard by the profiteers that control our government. Iranians might not be the only ones who want to get out of Dodge...

 

[flightlesskiwi]

Why do you think NATO & US assassinated the Qaddafi government of Libya? That $5 trillion in high grade, uninterupted crude when the war with IRAN starts.

All according to plan.

was gonna say.... wut?? but then:

Especially the Sales Tax many states have on gas. higher the price, the more revenue for government. Now you know why government loves inflation. That little racketeering between; realtors, banks, and government in the housing sector, well, how's did that work out for the people/homeowners?

that sweet crude is to keep the MIC in bidzness.

 

[moostraks]

i accidently came across this video that was uploaded a day or so ago.... check this out it is insane!!!! but now today after rerading this thread it makes sense!!!! http://www.youtube.com/watch?v=n118IwMQQPc

Comments section said that was in Santa Cruz and someone else said they saw the samething in Oregon. I wonder where the rail lines run out there and who is doing this contract? Interesting thing is these aren't painted for desert warfare. So wonder where they might need to increase/replace with these colors. Hmm....

 

[rb3b3]

Comments section said that was in Santa Cruz and someone else said they saw the samething in Oregon. I wonder where the rail lines run out there and who is doing this contract? Interesting thing is these aren't painted for desert warfare. So wonder where they might need to increase/replace with these colors. Hmm....

oh sorry i had no idea it was already posted in here somewhere// but this is insane!!!! i wonder where they are going? hope this video goes viral with comments like, please vote for ron paul so we can put an end to these wars!!!!!

 

[Demigod]

The EU are morons half of Eastern Europe uses Iranian oil if the put an embargo it will drive up the prices leading to recession.The idiots are going to start another war.