alt Hacker NewsMy thoughts. The escorts serve little benefit to the US given the risk. US doesn’t “need” the Persian gulf exports as much as other countries (who could run their own minesweeping operations). Iran mining Hormuz is a feature not a bug for US effort in a “proxy war” against Iran (hint: it’s all about China)
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Pretty interesting paper/presentation:
https://digital-commons.usnwc.edu/cgi/viewcontent.cgi?articl...
So once again, this operation seems to just benefit Russia, and no one else.
China still gets access to Iranian oil, though with high risk and a much slower pace.
India is getting access to Russian oil without sanctions now, but they're in a really tricky situation - one Iranian ship was torpedoed coming from an event promoted by India where there was safety requirements in place. This isn't good.
Many countries are tapping into reserves, and being severely affected by higher prices.
All while Russia gets sanctions removed and a oil price hike, when they were in a critical situation economically. Even the USA shrugging off of the reports of Intel shared with Iran is insane.
What do you think happens when China starts increasing prices on goods sold worldwide, due to oil shortages?
Global supply chain impacts have global ramifications.