Comment by decimalenough
14 hours ago
The Saudi & UAE pipelines combined can only carry around 9mbpd and are already maxed out, compared to an average of 20 through the Strait.
14 hours ago
The Saudi & UAE pipelines combined can only carry around 9mbpd and are already maxed out, compared to an average of 20 through the Strait.
And? Reduced capacity for awhile raises prices, the Saudis can sit on some oil and have the US get rid of their geopolitical and economic rival.
Again, short term goal is to clear out the stranded ships and the war can resume.
Because the Iranian 10 point plan is so ridiculous even Trump isn't dumb enough to take it.
My assumption is that, by now, Trump just wants to save face and move on to an easier target, one that can't strike back. He's been preparing the US opinion for Cuba.
So I wouldn't be surprised if negotiations just... stopped, without anything happening. Pretty much what happened, if I understand correctly, to the economic negotiations with Japan, EU, Canada, Mexico and anybody else regarding US import taxes.
But there's no oil to gain in Cuba, no stock market interests, and no pushing from Israel. So, why would he do that?
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> And? Reduced capacity for awhile raises prices
That oil is being consumed somewhere, countries/industries will face shortage (in addition to the price increase).
> And? Reduced capacity for awhile raises prices, the Saudis can sit on some oil and have the US get rid of their geopolitical and economic rival.
That pipeline is a strike away from being out for months, if not years.
> Because the Iranian 10 point plan is so ridiculous even Trump isn't dumb enough to take it.
The whole situation is ridiculous, and Trump is overtly desperate to stop the nightmare at any cost. Calling something ridiculous is no argument, particularly when we are living in a timeline where stupidity reigns.