Agreed. They are acting like pirates and gangsters trying to get a piece of the action. Comical if it weren't true.
SOH has always been recognized as international free transit waters. What Iran is doing is no different then the Barbary Pirates. We should definitely go to war to maintain a free passage for all nations.
On the other side of the equation, the Arab gulf states have had 47 years to plan for this. Not building pipelines like Saudi Arabia is on them. Even building a canal thru UAE to bypass the SOH is a better alternative than the mess we have now. Iran has always been a bully backed by Russia and China. China is finally getting its comeuppance and will most likely fail.
Agreed. They are acting like pirates and gangsters trying to get a piece of the action. Comical if it weren't true.
“On the other side of the equation, the Arab gulf states have had 47 years to plan for this. Not building pipelines like Saudi Arabia is on them. Even building a canal thru UAE to bypass the SOH is a better alternative than the mess we have now.”
WIKI
Habshan–Fujairah oil pipeline, also known as “Abu Dhabi Crude Oil Pipeline (ADCOP)”, is an oil pipeline in the United Arab Emirates. It starts from the Habshan onshore field in Abu Dhabi and runs to Fujairah on the Gulf of Oman.
The pipeline was ordered by the International Petroleum Investment Company as a strategic instrument in order to increase the security of supply, and reduce dependence on oil transportation through the Strait of Hormuz.
it became operational in June 2012.
The 48-inch (1,200 mm) pipeline is 360 kilometres (220 mi) long, of which 14 kilometres (8.7 mi) is an offshore section.
The pipeline has a capacity of 1.5 million barrels per day (~7.5×107 t/a).
https://en.wikipedia.org/wiki/Habshan%E2%80%93Fujairah_oil_pipeline
That gets UAE oil out. The Saudis have a pipeline to the Red Sea that get much of Saudi oil out.
Iran will allow its own oil to be shipped to China, and allegedly Iraq’s too.
That leaves Kuwaiti oil, some of which might be sold to Iraq so more Iraqi oil can be sent out.
And there’s the option of running pumps around the world faster. That might result in less oil from a well, but the reduced amount is fetching about 50% above pre-war prices.