Strait of Hormuz Closure Could Send Oil Over $100 - Printable Version
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Strait of Hormuz Closure Could Send Oil Over $100 - theold - 05-10-2024
https://www.bloomberg.com/news/videos/2024-10-04/strait-of-hormuz-closure-could-send-oil-over-100-morse
RE: Strait of Hormuz Closure Could Send Oil Over $100 - lvlrsSTI - 05-10-2024
This Strait is more important than Taiwan Strait
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Huliwang - 05-10-2024
Dun think any of the warring parties want the Hormuz closed because all parties need that waterway to export their oil.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - ysh02 - 05-10-2024
How to close the straits ?...mine it or put anti ship missiles or standby naval gunboats ?
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Huliwang - 05-10-2024
(05-10-2024, 10:11 AM)ysh02 Wrote: How to close the straits ?...mine it or put anti ship missiles or standby naval gunboats ?
Build a dam at the narrowest part which is less than 1 nm wide.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - ysh02 - 05-10-2024
By the time the dam were built (water depth at least 50m) war over already lah. 😑
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Huliwang - 05-10-2024
(05-10-2024, 10:17 AM)ysh02 Wrote: By the time the dam were built (water depth at least 50m) war over already lah. 😑
Nowadays Combat Engineers got prefab dams which they just need to transport there and dumb it into the sea. They dun have to completely seal it, just spread out which cause obstruction to safe navigation of ships is enough. They can even sink a few enemy ships to close the entrance.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Huliwang - 05-10-2024
(05-10-2024, 08:51 AM)lvlrsSTI Wrote: This Strait is more important than Taiwan StraitHormuz once closed, no cargoes or oil can leave those land locked countries like UAE, Kuwait, Bahrain, etc. Whereas Taiwan straits if closed, ships can by-pass that straits to sail by the Eastern side of Taiwan to Japan, Korea, China, etc. except distance longer a bit.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - theold - 05-10-2024
If there is no oil, how do they fight a war?
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Huliwang - 05-10-2024
(05-10-2024, 12:34 PM)theold Wrote: If there is no oil, how do they fight a war?
I think these oil producing countries' stock pile of oil can last 10 years of war. Unless the IDF can destroy all the oil stock piles.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Napoleon Porlumpar - 05-10-2024
bagus ah.................baik ah.................
hope gold and USD will skyrocket................
i can sell off my gold jewellery at higher prices...........
RE: Strait of Hormuz Closure Could Send Oil Over $100 - victortan - 05-10-2024
Toa kee liao... i read news said 150$, but some said lower...
but ithink they guesstimate lah..
but 120$ we dies liao... 150$ we go to 18 stages of hell.
200$ burn till charcoal.
then our poor neighbour will find fault with us,, jeolous of our rich reserve..
like last time Dr M, ask for cpf of malaysian release to them.
then LKY or GCT said cannot,, he go back become mad and want to trun off our water... u all remember,,
no money make ppl mad
RE: Strait of Hormuz Closure Could Send Oil Over $100 - Clyde - 05-10-2024
(05-10-2024, 07:41 PM)victortan Wrote: Toa kee liao... i read news said 150$, but some said lower...
but ithink they guesstimate lah..
but 120$ we dies liao... 150$ we go to 18 stages of hell.
200$ burn till charcoal.
then our poor neighbour will find fault with us,, jeolous of our rich reserve..
like last time Dr M, ask for cpf of malaysian release to them.
then LKY or GCT said cannot,, he go back become mad and want to trun off our water... u all remember,,
no money make ppl mad
Those who own car will leave them at home for display only. Pay so much coe but cannot afford to drive.
May not affect Malaysia much as they are oil producing country.
RE: Strait of Hormuz Closure Could Send Oil Over $100 - talky - 05-10-2024
$100 is just speculated amt
in the past no ev $90 still can survive
now with renewnal energy n ev impact is not as great as in 1973