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The Strait of Hormuz: Iran’s Ransom Note

Jul 16th, 2008 by Brian Rogers

straight of hormuzDid you know that over 40% of all the US oil supplies goes through the Strait of Hormuz, which is right next to Iran?  And what would happen if this straight was closed? America’s oil would have to bypass the strait, which will in turn increases prices, and everyone will be paying more for gas to fill up their cars. Unfortunately, there has been some unsettling news down there lately. Do you know what country has been executing war games in this Strait?  That’s right folks, we may be close to another war!

This is because over the past 10 months (or more) Iran has been producing Enriched Uranium - the stuff that makes nuclear bombs.  They have not denied it and in fact are very open in their production - and American and Israel is obviously not happy about this, and have made threats for them to stop this uranium production.

In recent response, the commander of Iran’s Revolutionary Guard, Ali Mohammed Jafari, stated that if Iran were attacked by Israel or the United States, it would seal off the Strait of Hormuz, thereby wreaking havoc in oil markets. This statement followed other more ambiguous threats from Iran’s oil minister and other government officials that a Western attack on Iran would result in oil supply turmoil. Tehran also recently claimed that Tel Aviv would be set on fire if it attacked Iran. These guys aren’t exactly playing nice right?

If this attack happens, you can say goodbye to $4.50 gas - try paying $6.00 and higher.  Remember what is the single commodity that will bring America to it’s knees, that’s right -oil.  If you are getting nervous about paying $4.50 dollars per gallon right now, the war is the last thing you want to happen!  

 

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One Response to “The Strait of Hormuz: Iran’s Ransom Note”

  1. on 16 Jul 2008 at 6:00 am1Josh Maxwell

    Thanks for posting the article, was certainly a great read!

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