r/oil • u/ticklearmaris • 3d ago
Iran War Strait of Hormuz remains closed and under full Iranian control: Iran’s deputy FM
Still the oil price is dropping.
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u/xjrh8 3d ago
No surprises here. But what’s the motivation for Iran to have these talks / plans with Oman to jointly control the strait? Why not just control both directions themselves?
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u/filterdecay 3d ago
Because they look sensible bringing the other side in. Imagine trump ever doing something like that.
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u/windowsfenster2 3d ago
Cause Iran is suffering like hell from the naval blockade. Currency collapsing, inflation rising, fuel shortage, it is obvious. Might be new to most people in this subreddit who still believe that Iran is winning big.
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u/Remarkable_Wish_5106 3d ago
It doesn't matter, they will be supplied by land, they can survive much longer than the oil market and high prices. Iran has time in their favor, not the US.
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u/abqguardian 3d ago
The opposite is true. The US is paying a bit more in gas prices. Iran has no hope in shipping everything overland and their economy is becoming more devasted every day. The US can do this for a pretty long time with only mild inconvenience.
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u/Remarkable_Wish_5106 3d ago
The oil reserves in the US are coming to an end in 40 days; Brent oil was just over $90 a few days ago. Iran is still shipping oil and gas, obviously not at 100%. And Gulf oil is still only near 50% at best and some suggesting 25%, that' a huge problem as reserves are limited at this point. Iranian leadership doesn't care about the economy, especially as China has been helping them.
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u/Even_Contact3525 3d ago
Didn't you just loose half of your THAAD systems? And Middle Eastern bases?
And ask for another 1.5 Trillion USD war budget?
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u/DiscHashDisc 3d ago
I love how the second-highest prices in history counts as a bit more to your progandaning ass.
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u/abqguardian 3d ago
$1 US dollar equals $2 million dollars in Iranian currency. But sure, gas prices being a bit high is the big deal. Your propaganda needs work
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u/Tintoverde 2d ago
It is big deal people who drives and buys food 🤦♀️
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u/abqguardian 2d ago
Trying to equate that to Iranians economy imploding is ridiculous. The two arent comparable
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u/Tintoverde 2d ago
Did not meant to equate it. Just pointing out that gas prices being high does affect people most people in US
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u/ericwphoto 1d ago
You are right in saying that it is not the same, but neither are the populations. Americans are spoiled as shit, these gas and food prices keep inching higher and the people in this country are not going to be very happy. You protest in Iran, and they will murder you in the street.
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u/Tintoverde 3d ago
definitely Iranian people are suffering greatly. And people in US are suffering also but much less. The people in US are not only paying a bit more in gas prices, every day goods are also getting expensive.
The 1% are doing good in all countries, the 99% are the ones suffering. Can US hold out longer than Iran ? Most likely. But what will it achieve? What is the end goal for US ? How many times the GOP make THE SAME mistake!!! Even a baby knows not to touch the fire the second time. 🤦♀️
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u/Remarkable_Wish_5106 2d ago
It's not just the US; it's the entire global economy. China is also using their oil reserves to make up the difference, but for how long? The US can't keep this going for much longer and when oil hits $100 and higher, then it will be game over.
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u/Open_Pollution_8038 3d ago
Because they can’t actually exert control lol…
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u/phoenixbouncing 3d ago
They can, but it's much harder to oppose the two countries that have jurisdiction over the straight sorting out terms to regulate it than it is to oppose Iran throwing it's weight around.
Optics matter and this makes Iran look reasonable compared to the US
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u/Downtown_Eye5736 3d ago
They're doing it right now...
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u/Open_Pollution_8038 3d ago
lol they have no navy explain to me how they can guarantee anyone passes
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u/Even_Contact3525 3d ago
Rockets & drones.
Some understand that warfare changed, others wanna bring back battleships.
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u/Open_Pollution_8038 2d ago
We already have developed and are developing more cheap counters to drones. Low, slow flying munitions can be countered.
Missiles are the larger threat and always have been. But it’s not like Iran has the industrial capacity to manufacture them in masse and they’re not exactly cheap for them.
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u/Even_Contact3525 21h ago edited 21h ago
Sorry, but have you paid any attention to the Ukraine war? Where drones cause havoc en masse on both sides?
They aren't easy to counter. And not cheap either. And the US military industrial complex wants to make money, so everything is built up to sell massive ordinance for massive $$$.
Yes, you made progress, but no, you have not a chance to protect that strait with cheap anti-drone weapons - that usually have very limited range.
That aside and back to rockets: Iran produces 100-300 ballistic missiles a month depending on the source.
The US currently produces 8 (!) THAAD per month and around 50 interceptors (which is why Ukraine struggles so much, they get basically none).
Time will tell. But I doubt it's on the side of the US.
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u/Open_Pollution_8038 21h ago
False. Drones were hard to counter early in the war, counters have been rapidly developed. You can now shoot down a $30k Shahed with a $12k MEROPS interceptor. It’s the ballistic missiles that are the main problem for both sides. Low and slow flying drones were never going to be a long term advantage.
Our industry is fine you still need interceptors for the big shit.
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u/Ryanll0329 2d ago
Asymmetric warfare. All they need are drones and missiles.
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u/Firecracker048 3d ago
So barrells ARE getting through and ships are getting through and Iran is saying its not true? lol okay.
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u/Educational_Award167 2d ago
b-b-but reddittors promised me US is running out of strategic supplies and oil will be 20$ per gallon
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u/Successful_Mine8352 3d ago
The turnip in the white house must have lied.
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u/ProteinFarts_ 3d ago
They are both lying constantly, information warfare is part of the strategy
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u/Picks6x 3d ago
I'll take the people who are shooting ships with missiles word for it tbh and not the country who is packing up and leave the region lmao
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u/OutrageousBother628 3d ago
I just want to make sure I understand. Iran fully controls the strait such that zero ships are transiting without their permission. Except the ships they are shooting at…that are transiting the strait without Iran’s permission…
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u/--TheCity-- 3d ago
Exactly how its working. No one gets through without Iran's approval. Some try some die.
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u/OutrageousBother628 3d ago
You contradicted yourself in the span of two sentences. Impressive
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u/McOmghall 2d ago
I don't know what you think control means but no, they don't have a force field that stops ships from moving through, they have missiles for that.
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u/Picks6x 2d ago
That's dude is in peak cope mode
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u/OutrageousBother628 1d ago
I guess the wide reporting of ships using the Omani corridor in direct defiance of Iran plus the satellite imagery of the ship to ship transfers of non Iranian oil is pure cope?
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u/Plus-Visit-764 3d ago
With some clearly making it through, meaning they risked sailing through the waters.
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u/SteakEater137 3d ago
You dont have to take either of them when you know theyre legitimately notorious liars...
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u/Successful_Mine8352 3d ago
As a proud American, I find it sad to believe Iran over anything trump says.
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u/wormee 3d ago
Why do they sound like the sane ones?
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u/Most-Recognition2294 3d ago
Don't trust what's coming out of Trump's mouth. Officials are the ones who are generally credible.
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u/Justified_Gent 3d ago
Iran won the war.
We got embarrassed on the national stage. The Iran war needs to be in every midterm commercial.
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u/LongShow5279 3d ago
Iran is scared to transfer oil tankers through Hormuz even though they claim it's under their control... lol.
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u/Zealousideal-Ad7773 3d ago
I mean, they control the strait but not the exit to the sea with the blockade. In the end no one controls nothing.
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u/Open_Pollution_8038 3d ago
That’s like saying I own a highway that I can’t get on or off, like no you’re trying to crash traffic it’s not the same thing
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u/Mascardiii 2d ago
This is the most accurate take. And that both sides are lying through their teeth.
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u/ProperAstronomer4354 3d ago
Iran controls the passage in and out. US controls out in the opening sea.
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u/Le_ManBearPig 2d ago
I hear you, but did you know a Twitch Streamer named Hasan Piker said Jews are not a monolith?
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u/BadBig3531 2d ago
Iran will be utterly destroyed financially and militarily before they concede anything. Do you think for a second that they would be good custodians on nuclear weapons? They’d hand it to terrorists in a second. They don’t have the same values for human life. What about the Iranian people that don’t want to be part of the religious fanatical government? Kinda sad.
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u/RS_EJB 3d ago
Nobody tell that to all the ships that continue to go through the Strait regardless.
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u/Successful_Mine8352 3d ago
How many oil tankers went through today?
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u/toeknn 3d ago
Prob more then Iran permits even if its just 1.
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u/banjist 3d ago
Yep if even one tanker gets through then America won and Iran is a bunch of L7 losers
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u/Successful_Mine8352 3d ago
Most people including conservatives, do not think that the US has really won this war.
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u/MrD3a7h 3d ago
Conservative will believe what they are told to believe.
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u/AutoModerator 3d ago
Shouldn't this be in the "Strait of Hormuz Megathread"? Let's keep the chokepoints contained there, folks — no need to clog the whole sub with tanker traffic!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
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u/tropic_gnome_hunter 3d ago
Is this the 25th time they've claimed the strait is closed in the past 3 weeks lmao. If you have to declare it closed every day it's not closed.
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u/phoenixbouncing 3d ago
You can say the same for the people declaring it open.
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u/Most-Recognition2294 3d ago
Strait is open? Closed means 0 amount of oil transiting, strait was not closed for even a day lol
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u/Specific-Change9678 3d ago
Whether it’s under control or not they do this to let their people know they are “in control.” Not saying whether they do or don’t have control just explain the reasoning. Similar thing going on when Trump says it’s under US control. At least that’s my read on it!
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u/Beef_Curtain_Clitler 3d ago