Huckabee: Americans Fail To Grasp The Threat Of Iran… But We Are Foolish To Ignore Them
Conflict between Iran and the U.S. has resumed, despite the efforts of President Donald Trump to secure peace in the troubled region. According to the U.S. Central Command (CENTCOM), the U.S. military conducted “a new wave of offensive strikes against Iran” on Sunday, successfully striking “dozens” of targets. At issue is Iran’s continued closure of the Strait of Hormuz, a critical passage for the shipment of oil globally. “The Strait of Hormuz is a vital maritime corridor for global trade. Iran does not control it,” a statement from CENTCOM read. “U.S. forces are postured and prepared to ensure that freedom of navigation remains available to commercial shipping despite Iran’s continued unwarranted aggression, harassment, threats, and arbitrary declarations.”
The Battle For The Strait Of Hormuz Will Show Whether The World Can Survive Without Oil From The Persian Gulf Or Not
Now we are going to get to see what really happens to the global economy when the Strait of Hormuz is completely closed for an extended period of time. Before the war, approximately 45 percent of all Asian oil imports traveled through the Strait of Hormuz. The Chinese normally get more oil from the Middle East than anyone else, and the amount of crude oil that they have been importing has collapsed. That is not sustainable for the Chinese, and they are getting very angry. At the same time, relentless drone attacks on Russia’s energy infrastructure have forced the Russians to buy gasoline from India. If the Strait of Hormuz remains completely closed for months, global energy supplies will get extremely tight and the price of oil will go into unprecedented territory.























