[Ron/GA]

My understanding is that we get about 600 thousand barrels a day through the Strait of Hormuz. The price pressure we would see would be as European and Asian customers begin soliciting our supply sources to replace their halted shipments.

Of course, the price will blip based on the emotions, but that won't last... unless the Iranians are capable of doing a better job of jamming things up than anticipated.

Here is the latest data that I could find:

USA Crude Oil Imports (Top 15 Countries) (Thousand Barrels per Day)

[MSF BU]

We or somebody else could easily destroy their sole oil refinery. That will send gas prices soaring in the winter time. Take out some power generation and desalination facilities and you’d have an Iran that is suffering.