Trump faces new oil shock threat as Iran eyes second strait
It’s not just Hormuz. There’s a second strait in the Middle East vital to global energy markets that Iran is threatening to close if President Donald Trump fails to wind down the Iran war. The world is already experiencing the worst disruption to global energy markets in history following U.S. and Israeli attacks on Iran. But if Iranian proxies close the Bab el-Mandeb strait — a busy Red Sea choke point — it would compound global financial woes and likely push oil prices to $150 a barrel, experts said.
How long will it take for the economy to crack @ $150/bbl oil? 2 months tops IMHO. Even as it stands, by midsummer the financial markets will be on life support. Far as J6P is conceerned, how long can the average wage slave pay $6/gal and still afford to drive to work?
Meanwhile, Trumpolini keeps claiming VICTORY!
"If Iran fails to accept the reality of the current moment, if they fail to understand that they have been defeated militarily and will continue to be, President Trump will ensure they are hit harder than they have ever been hit before," Leavitt said.
Talk about massacring the English language. How do you "continue" to defeat somebody? Either you won or you didn't. Either they lost or they didn't. The game isn't over, obviously.
Beyond stupid.
RE