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Re: littlejohn post# 9422

Friday, 05/28/2021 8:45:43 AM

Friday, May 28, 2021 8:45:43 AM

Post# of 17086
"Iran wants to be able to use the threat – or reality – of closing the Strait of Hormuz for political reasons without also completing destroying its own oil exports revenue stream,” he said. Indeed, any such blockade of the Strait of Hormuz by Iran would not only be extremely effective for whatever political Tehran might have in mind but would also financially benefit Iran as oil prices would rise significantly from such an action."

https://oilprice.com/Energy/Crude-Oil/Sanctions-busting-Iranian-Pipeline-To-Make-First-Shipment-In-June.html

It's nice to have a lot of horsepower in the engine room but you need some in the wheelhouse too.

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