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‘no Ship Allowed’: Iran Blocks Strait Of Hormuz - Foreign Affairs (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign Affairs‘no Ship Allowed’: Iran Blocks Strait Of Hormuz (20299 Views)

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Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by yyoomy63(m): 7:12pm On Feb 28
Iran surely can’t be easily defeated. Any Nation that look down on Iran is doomed to fail already, USA & Israel not exempted…
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by CodeTemplar: 7:12pm On Feb 28
Hmmm. They put themselves in direct conflict USA by that move.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Dotherightthing: 7:13pm On Feb 28
My own is PMS going up in Nigeria

Looks inevitable
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Cj4charles(m): 7:13pm On Feb 28
US really underestimated Iran thinking they run over it so easy like Venezuela
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Nwaikpe: 7:13pm On Feb 28
muyico:
US cant defeat iran
china and russian will soon join the war
Are you guys still here?

grin grin grin

What do Iranians have to offer to those countries for them to be allies in war?
NOTHING
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by FreeStuffsNG: 7:16pm On Feb 28
Passionate888:
They are powerless at the moment
Keep decieving yourself. If they are powerful,France will not be quickly calling for a ceasefire through the UNSC.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by causewahala: 7:17pm On Feb 28
Dotherightthing:
My own is PMS going up in Nigeria

Looks inevitable
As howhuh
Are we importing or producing crude oilhuh
Are we refining or importing PMShuh
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by APOSTLECHUMA: 7:18pm On Feb 28
SINCE THEY CAN NOT BLOCK THEIR POROUS AIRSPACE, WHAT ELSE CAN POOR IRANIANS DO ?
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Beeron: 7:20pm On Feb 28
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
on the flip side, Nigeria government will actually be happy lol

Global oil price just increased, that's extra money Nigeria will earn from crude.

Don't worry, Dangote will not increase local price as he already has a deal with Federal Government on crude.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by hope4nigeria(m): 7:21pm On Feb 28
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
in as much as the operation will cut the head of snake, no problem
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by iLoveYouToo(m): 7:23pm On Feb 28
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
How will crude oil go out of reach in Nigeria? Do we import for local production? School me
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Basicend:
wellmax:
Here’s what it really means in practical terms.

1) Oil prices would likely jump very fast
About 20% of the world’s oil supply moves through that strait. When shipments stop or slow, markets panic because supply suddenly looks smaller.
Analysts have warned prices could surge well above $100 per barrel, possibly much higher if the disruption lasts.
What that means for people:
Petrol and diesel prices rise.
Air travel and shipping become more expensive.
Many goods cost more because transport costs increase.

2) Global inflation would rise
Energy is tied to almost everything in the economy. When oil and gas spike:
Food prices rise (transport + farming costs).
Manufacturing costs increase.
Electricity and heating bills climb.
Economists say disruption there would fuel inflation and strain supply chains worldwide.

3) Countries that depend on Middle East energy get hit hardest
Asia and parts of Europe rely heavily on oil and gas passing through that route. China, Japan, India, and many EU countries could see:
Higher import bills
Slower economic growth
Potential shortages if the blockade lasts.
Natural gas is also at risk because large volumes of LNG from Qatar pass through the same waterway.

4) Financial markets could become very volatile
When something like this happens:
Stock markets often drop at first.
Energy companies may rise because oil prices surge.
Investors move money into “safe” assets like gold or government bonds.
If the closure lasts weeks or months, economists warn it could slow global growth or even push some economies toward recession.

5) It could escalate into a larger conflict
A full blockade is also a military and geopolitical issue. Major powers depend on that shipping lane, so pressure or military action to reopen it would be likely.
1. Once the Iranian regime is changed or altered, order will restored to the passage. That is inneviatable and will happen very soon.

2. Nigeria should be okay. Our crude can be shipped to Dangote refinery and recycled to the Nigerian domestic market. It's just our exporting scale that could be hit.

3. Iran just want to flex a muscle as expected and predicted. They can only hit empty American bases in the middle east and Israel. US bombardment will come in layers in next few days. It will just too much for Iran. That's the truth.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by boxypane: 7:27pm On Feb 28
Jangbajantis:
The same Iranian regime that is about to be decapitated? You guys don't even know what's up.
Please tell us.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Slimm01:
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
Stop misleading the public with your false narrative. Closure of the strait of hormuz only affects 20% of global oil supply which significantly only affects the gulf nations within. In contrast, this will only cause hike in global oil prices....thereby making Nigeria gain more in global oil sales. The closure of the strait of hormuz may only affect Nations that import oil from the gulf Countries. It won't affect country that import oil from South America, Africa and South Asian countries. Nigeria doesn't import oil from the gulf countries. Hence, this will not affect pump price in Nigeria.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Fiscus105(m): 7:29pm On Feb 28
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
How is it supposed to be major concern to Nigeria? Nigeria has her own crude oil, the same way she has her own refinery.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Rollingdollar: 7:30pm On Feb 28
Typical of all suicide bombers/Jahidist . They love it if we all go up in flame because they are frustrated souls. Unfortunately for them they will go up in flame alone. Surely Iran will go down tonight. All you see is the last kick of a dieing horse
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Delat521: 7:31pm On Feb 28
Jangbajantis:
The same Iranian regime that is about to be decapitated? You guys don't even know what's up.
In your dream abi...lol nosense
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by amaridigital(m): 7:31pm On Feb 28
seunmsg:
Nigeria should be very worried. This is no longer looking good. Over 20million barrels of crude oil passes through that strait daily. Oil prices have soared in response. If this continues, crude oil will go out of reach and global economy will collapse. The price of PMS will go over N1000 very soon in Nigeria.
Aren't we selling crude oil again and if the price of crude oil goes up to $150 per barrel due to the senseless American/Israeli illegal war, won't Nigeria as a nation benefits? I understand that prices of PMS and AGO will also go up ultimately.
Make dem continue. The idiots that voted a pink monster in the US who has attacked 9 nations in his first year in office alone will also pay for it through global inflation and recession. Everyone go chop breakfast last last.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Hndrrxxx(m): 7:33pm On Feb 28
Nwaikpe:
That is exactly why the world calls them terrorists and will never allow them to have a nuke.
yeah because they defend themselves and not like you coward.


Fools
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by seunmsg(op): 7:34pm On Feb 28
Tenses:
Why?

Does Nigeria crude oil have to pass through that strait to get to dangote's refinery?
Dangote buys crude at international price.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Christlike01: 7:34pm On Feb 28
madridguy:
This is a very good news and brilliant decision by the Iran. The alternarive route created for days like this in Bahrain have been attacked by Iran today too.

Iran are doing exactly what they promised, set the whole region on fire.
Oniyeye! How long can the terrorist regime hold its breath? We are watching. Just know that you will not like the news coming out of Iran in the next few hours at all—so prepare your mind for it. One of the very last powers of Islam—the Ayatollahs’ regime—is about to go down permanently. Save this message for later reference.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by emekad2: 7:34pm On Feb 28
Make una go make money for polymarket abeg cheesy cheesy cheesy
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by Jangbajantis: 7:37pm On Feb 28
Uptownerd:
This one is drunk on USA Kool aid. E go soon clear your eyes.
Where is your Khameni? You're clueless lol!
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by CodeTemplar: 7:38pm On Feb 28
Tenses:
Why?

Does Nigeria crude oil have to pass through that strait to get to dangote's refinery?
Nigerian oil doesn't pass through the strait of homuz but we import either crude for refining or refined crude, all influenced by what happens in the strait.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by carzeem1: 7:38pm On Feb 28
richiemcgold:
I remember back then in the early 90s during the Gulf War, Nigeria generated a significant increase in income due to a surge in global oil prices. I may not be an expert in economics matters, but I have been wondering if there is a way Nigeria can take advantage of this new war in the Middle East to boost our income/economy.
I doubt the war will be of any serious benefit to Nigeria. A good percentage of the crude lifted has been mortgaged for Loan, and infrastructure by Buhari's government for almost a decade.

Also, during the gulf war, Nigeria was energy sufficient importing little of her energy needs which was not much then. Since then, population has Atleast quadruple with alot more energy needs and alot more political class to service n payoff. The impact of this will be higher fuel cost on a country already grappling with runaway inflation.
Nigeria cannot benefit much from any global crisis at the moment. We didn't prepare of have the infrastructure.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by udemzyudex(m): 7:39pm On Feb 28
Lol... Houthis do pass this one.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by udemzyudex(m): 7:40pm On Feb 28
muyico:
US cant defeat iran
china and russian will soon join the war
Lol

Who be this one? grin
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by RaptorX: 7:40pm On Feb 28
This idiot called Trump have already lost this war, the moment the Iranian leaders survived the decapitation strike to kill Khaimeni and the president failed that is the end of Donald Trump. Let me tell you clowns supporting this Netanyahu puppet and his puppet master, he will be obliterated in the November midterm election and shortly thereafter impeached and REMOVED from office, remember you heard it here first, this is the end of Donald Trump.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by seunmsg(op): 7:40pm On Feb 28
Beeron:
on the flip side, Nigeria government will actually be happy lol

Global oil price just increased, that's extra money Nigeria will earn from crude.

Don't worry, Dangote will not increase local price as he already has a deal with Federal Government on crude.
If things get escalated for too long and oil prices goes crazy, Chin, Indian and other big oil buyers will start slowing down. We may return to the Covid era kind of global economic recession.

Again, crude oil prices going up simply means PMS prices will go up. We should even start preparing for N1k by next week.
Re: ‘no Ship Allowed’: Iran Blocks Strait Of Hormuz by peleson1: 7:42pm On Feb 28
ElevationD:
Expectedly. Ships to divert. Even though costlier in terms of distance and fuel, there are very safe alternatives to mitigate the disruptions:

Suez Canal - Connecting the Mediterranean Sea to the Red Sea, allowing ships to bypass Africa.

Malacca Strait - Between Malaysia and Indonesia, connecting the Indian Ocean to the South China Sea.

Bab-el-Mandeb Strait - Between Yemen and Djibouti, linking the Red Sea to the Gulf of Aden. Except the Houthis block it in solidarity when Iran, vessels can ply the route.

Panama Canal - Connecting the Atlantic Ocean to the Pacific Ocean, allowing ships to bypass South America.

Northern Sea Route - This is a shipping route along Russia's Arctic coast, offering a shorter alternative to the Suez Canal for some routes.

Trans-Caspian International Transport Route (Middle Corridor) - A multimodal transport system connecting China to Europe via Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, and Turkey.

Cape Route (Around Africa) - User when the Houthis disturbed last year. It is a longer route around South Africa, often used when other routes are inaccessible.

In all, Iran will suffer much more economically. The economy is in coma and with sugar huge cost of prosecuting such a war against the Americans and Israelis at the same time, it will be devastating, especially more to the citizens, who recently revolted because of the bad state of the Iranian economy.
Exactly
Iran is in dere situation

Peace should return to the world
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