Trump: China you gotta do something! You are, after all, my best friend.

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[–] 8 points 1 year ago (3 children)

Iran could easily allow China-bound ships and shut out everyone else, which they'll probably do if China pushes for it.

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  • [+] 5 points 1 year ago* (last edited 1 year ago) (3 children)
  • [–] 1 point 1 year ago (1 child)

    Anything else would be open to air attack and about as effective as the Houthis, which is to say not very.

    You mean the terrorist group who forced both the US and China to make deals with them?

    I think they proved that this is a shockingly successful technique

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  • [+] 1 point 1 year ago* (1 child)
  • [–] 1 point 1 year ago

    That's not the part that matters... They're not pirates

    They scared the shipping companies enough to affect the global economy.

    It doesn't matter if all they do is give some deck hand PTSD by taking pot shots at them - They still made the biggest economies in the world come to them for a deal

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  • [–] 1 point 1 year ago

    if they allowed through any shipments, it would defeat the entire purpose of closing the Strait. Oil is fungible and will be resold if a profit can be made

    Every additional step in the supply chain increases the price since everyone adds their own margin, and at some point it becomes more expensive than oil alternatives (for example, bio-plastics). Anyway, if China started reselling the oil then Iran would stop letting them through.

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