Walker wrote:
The planet of reading comprehension, Chuckles. The pronoun “its” refers to Iran’s oil markets, not the United States.
My reading comprehension is fine sweetie. As I was refering to Iran's oil market which has, thanks to the US, been decimated such that this year they estimate a 70% decrease on oil revenue.
No casualties. Either Iran can't shoot straight, which is entirely possible, or their rockets' red glare was a face-saving exercise.
Dur! Yur think.
Er!? The reason is because since Trump cancelled the oil for nukes deal and imposed stringent sanctions Iranians have not been able to sell their oil in any quantity and the markets had already priced this in.
“The fact is, investors and analysts have already factored in increased tensions between the U.S. and Iran and are dismissing talk of "World War III." Nor do they think Iran is stupid enough to take action that would choke off tanker traffic through the Straits of Hormuz, through which 18 million bbls of oil move every day.”
“I know it's fun to talk about World War III, the return of the draft, endless war, wag the dog, and other exciting, boredom-killing memes that anti-Trump hysterics are trying to push. But investors deal with perceptions based on real-world events and don't pay much attention to the political hot air being manufactured in Washington. And in the real world, Iran wouldn't dare to cause any serious damage to U.S. interests.”
No idea who's talking about WWIII? Probably those Christian end of times nuts hoping for their prophecies to come true and trying hard to make them so. Iran would stand no chance against an American assault and know it as they are not stupid and have seen what America is capable of. They have no effective air force just lots of missles which, unless they have gas warheads but even then, are pretty much useless in a protracted ground war as air cover is all. So they really don't want an official war with the US but if Trump is stupid enough to start one then don't expect any rational decisions from a regime based upon religious martyrdom and my guess would be that if really threatened with extinction their likely response would be to fire all their misses at their neighbours oil wells and production sites, then see what the oil price does.
As for the strait's, the author is right they won't do anything as they don't want to give the US the chance to declare war but again if one was declared then what harm would it do them to sink a few tankers right in the middle as they can't sell their oil any way and three or four tankers sunk there will effectively block the route completely and again investing in oil will be the place to be.
You couldn't make it up! Satirists are out of a job.
