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Gold/Mining/Energy : Big Dog's Boom Boom Room

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DinoNavarre
To: DinoNavarre who wrote (206048)6/18/2025 2:44:09 AM
From: elmatador1 Recommendation   of 206084
 
Western Hemisphere has oil US shale, Canada, Brazil plus Guyana coming up fast.

No closing of the Hormuz Strait ever occurred, even during the 1980s Taker War.

Iraq broadened the tanker war in 1984 by attacking the oil terminal and oil tankers at Kharg Island

Iraq's aim in attacking Iranian shipping was to provoke the Iranians to retaliate with extreme measures, such as closing the Strait of Hormuz to all maritime traffic, thereby bringing about foreign intervention against Iran; the United States had threatened several times to intervene if the Strait of Hormuz were closed.

Kuwait and Saudi Arabia supported Iraq against Iran.

The United States intervened in the conflict in 1986 to protect Kuwaiti tankers, and engaged in a confrontation with Iran

Iran won't block since China needs that oil and China is OK with Iran.
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