- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
“Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,” said Trump
100% this. He didn’t come up with a solution to “open the strait!” as “don’t use the strait!” So it’s still closed? Because of feels? OK, but it being closed because you said so means it’s still fucking closed.
Who benefits from this long term? Other than just “people who just bought oil at $98 on Monday”?
My theory is Lumpty Trumpty and the other looters are going to let the price of oil go up before announcing some sort of deal or removal of the blockade. Oil prices start to come down.
Anyone in on the looting gets to rake in the short bets on oil. It’s the opposite of a pump and dump scheme.
https://lemmy.world/comment/23188629