Potential for armed conflict between the Islamic Republic and the United States – which would immediately imperil the world’s most vital waterway for seaborne crude shipments – is now dangerously imminent. Curiously, for now, the oil markets don’t seem to mind.
These maritime incidents appear to be attempts by Tehran to show their capacity for disruptive action in retaliation to the ‘maximum pressure’ strategy exerted by the Trump White House.
Iranian leadership, which has previously threatened to block the Strait of Hormuz in retaliation to oil sanctions, is risking a war with the U.S. in order to escape their economic dilemma and gain nationalist support at home. But as many dictators in the past, including Slobodan Milosevic and Saddam Hussein, they may not realize the worst-case outcomes of their actions.
Asymmetric warfare, regional Shia terrorist proxies, and IRGC-supported insurgent groups from Gaza to Lebanon, and from Syria to Iraq and Yemen would ensure prolonged and costly chaos in the region. If the mullah regime survives, and it is a big if, this would also foster a renewed desire in Iran to acquire a bomb.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Oil prices rise off 2-week lows as Iran seizes tanker it accuses of smuggling crudeCrude-oil futures trade modestly higher Thursday, rebounding somewhat from the lowest settlement in about two weeks as Middle East tensions delivered a jolt...
Leer más »
Oil prices could retest their 2019 lows if they fall below this level: RBC's Helima CroftSpiking tensions in the Gulf of Oman and rising oil production in the United States are combining to put crude prices in a difficult position, says RBC's Helima Croft.
Leer más »
What a failed Iran deal would mean for oil prices and military tensionsRegional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.
Leer más »
Oil jumps, Brent up more than 2% after U.S. Navy downs Iranian droneOil prices climbed around 2% on Friday after the U.S. Navy destroyed an Iranian ...
Leer más »
IEA does not expect 'huge increase' in crude prices: executive directorThe International Energy Agency (IEA) doesn't expect oil prices to rise sig...
Leer más »
Oil rises after U.S. Navy downs Iranian drone; set for weekly fallOil prices rose on Friday as tensions spiked again in the Middle East after the ...
Leer más »