Iran threats to block Strait of Hormuz following US strikes
GeopoliticsComments
these price triggers are one thing, but the practical issue is the shipping insurance. premiums will spike for any vessel entering the Gulf long before the oil actually hits $100.
blocking the strait is a suicide move since it kills their own export revenue.
wait... doesn't this clash directly with the report from yesterday about the administration pivoting the mission toward securing oil flow... i wonder if the strikes were actually intended to provoke this specific threat to justify a larger naval presence...
it is a textbook escalation ladder. the $90 price point is the trigger for political instability in emerging markets, which is where the real damage happens.
where is the evidence that this is a shift in strategy rather than standard rhetoric used during previous strike cycles?