Iran demands to end the war

[Zincwarrior]

Currently its not a War. Its a blockade.

Hopefully, the ***** slapping continues.

In the mean time Iran is financially screwed. I hear they are using Barter now

Blockades are acts of war.

 

[Zincwarrior]

UAE just left OPEC. Their oil ought to be hitting the market in a week or so.

How? It goes through the same Strait and is blockaded by Iran.

 

[eagle1462010]

Blockades are acts of war.

So

 

[Zincwarrior]

So

You said it wasn't.
Yet we fought the second war with Britain over it, a quasi war with France, and that whole WW1 thing.

 

[eagle1462010]

You said it wasn't.
Yet we fought the second war with Britain over it, a quasi war with France, and that whole WW1 thing.

No I didnt. We already pouded Iran We gonna worry ITS WAR IF YOU BLOCKADE THEM???

Pass out what you are smoking

 

[JohnDB]

How? It goes through the same Strait and is blockaded by Iran.

Nope...not anymore.
They built a "secret" pipeline that is almost on the border with Oman. It's on the other side....towards the bottom of the point's triangle. Well before you get to the straight. It's somewhat near as its in the neighb....but outside of shooting range and not near the mines. If they have a dock (they likely do) then it's all over. Saudis and UAE both can pump tons of oil.

UAE and Saudis don't really get along....they are rivals in truth. Saudis have kept UAE from selling as much oil as they wanted and needed to for well over a decade...even after UAE upgraded their facilities in a very expensive fashion and expected the Saudis to allow them to sell more oil at the OPEC table.

Saudis have a pipeline connected to the Red Sea. (Reed Sea if you live there) They haven't had to cut back on oil production whatsoever....they just changed ports for delivery....instead of declaring force majure. (Can't deliver on contracted goods due to war).

 

[Zincwarrior]

Nope...not anymore.
They built a "secret" pipeline that is almost on the border with Oman. It's on the other side....towards the bottom of the point's triangle. Well before you get to the straight. It's somewhat near as its in the neighb....but outside of shooting range and not near the mines. If they have a dock (they likely do) then it's all over. Saudis and UAE both can pump tons of oil.

UAE and Saudis don't really get along....they are rivals in truth. Saudis have kept UAE from selling as much oil as they wanted and needed to for well over a decade...even after UAE upgraded their facilities in a very expensive fashion and expected the Saudis to allow them to sell more oil at the OPEC table.

Saudis have a pipeline connected to the Red Sea. (Reed Sea if you live there) They haven't had to cut back on oil production whatsoever....they just changed ports for delivery....instead of declaring force majure. (Can't deliver on contracted goods due to war).

Pipelines have limited capacity. If your statement were true Brent would not be at $108. The pipeline is limited to 1.5MMBPD. UAE's capacity is ~3.5MMBPD.

Pipelines in this region are a good thing don't get me wrong, and will be the long term answer to this stupidity. Of course pipleines and pumping stations are vulnerable as well.

 

[JohnDB]

Pipelines have limited capacity. If your statement were true Brent would not be at $108.

NEXT WEEK
It's not next week yet.

 

[The Duke]

How? It goes through the same Strait and is blockaded by Iran.

Their oil and Saudi Arabia's oil will get through, numbnuts.
Only Iran's won't.

 

[Zincwarrior]

Their oil and Saudi Arabia's oil will get through, numbnuts.
Only Iran's won't.

ONly a part of it as already demonstrated, he who can't do basic arithmetic. The pipeline's production is maxed at 1.05MMBPD. They have already reduced their production to that amount.

And that leaves out Qatar and Iraq.

Exxon today:

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.

www.cnbc.com

Energy

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’​

Key Points

• Oil prices do not currently reflect the full scale of the supply disruption triggered by the Iran war, Exxon CEO Darren Woods said.
• The market has been insulated by tankers in transit, strategic reserves and commercial inventories, Woods said.
• Oil flows from the Persian Gulf will take a month or two to normalize even after the strait reopens, the CEO said.

 

[eagle1462010]

Their oil and Saudi Arabia's oil will get through, numbnuts.
Only Iran's won't.

Irans currency is toast. China is feeling pain too. China is only their friend for cheap oil

 

[The Duke]

ONly a part of it as already demonstrated, he who can't do basic arithmetic. The pipeline's production is maxed at 1.05MMBPD. They have already reduced their production to that amount.

And that leaves out Qatar and Iraq.

You apparently has teh dumb. Only Iran vessels cannot leave or come.
Qatar, UAE, and Saudi Arabia are probably pumping like never before.
This is not your 1970s OPEC, and they can sell to China, but Iran cannot.
That's where this is going.

 

[Zincwarrior]

You apparently has teh dumb. Only Iran vessels cannot leave or come.
Qatar, UAE, and Saudi Arabia are probably pumping like never before.

Iran is blocking all shipping through there that is not theirs.

Qatar, Iraq, Saudi Arabia, and UAE had to dramatically reduce production after month one as their storage was full.

15 charts that explain why the Strait of Hormuz shutdown matters for the global economy

Until it was effectively closed, the waterway had been a critical artery for not only crude oil and liquefied natural gas, but several critical commodities as well.

www.atlanticcouncil.org

 

[toomuchtime_]

How did we decimate their entire program a year ago only to find ourselves in a spot where they are seconds from bombing us or Israel with a nuke? How are we not going to be another year from them being in the same place if it is that easy to build up their capabilities like they did in the last year?

If that is the goal then this is a protracted war of month/years with troops on the ground. You cant be sure that they are clear of nukes without feet on the ground inspections which will require them to be utterly defeated with ground troops. That isn the picture Trump sold. He said we have virtually won. We won 12 times. How can we be near winning if we aren’t near any of the goals you laid out?

Ok, so you say you are not a serious poster, just a heckler.