₦airaland Forum

Dogalmighty17:
Over the next few weeks or possibly even days, the price of crude in the international market is going to increase geometrically. This will have terrible ripple effects worldwide. All because of the alarming idiocy of Donald Trump.

While the US was focused on containing Iranian activity in the strait of Hormuz, the Iranians had their eyes on a more critical strait in the red sea. The strait of Bab El-Mandeb. This strait is very critical to all Saudi Arabian oil exports. And Iranian allies, the Houthis in Yemen, are possibly days away from capturing it.

If Bab El-Mandeb falls into the hands of the Houthis, Saudi Arabia can kiss crude oil exports goodbye. But that isn't enough. The Houthis have developed their own precision guided missiles that they can target vital assets in Saudi Arabia. Critical crude oil extraction facilities in Saudi Arabia have been shut down as a result.

In 2002, Saudi Arabia, the US and the UK engaged in a brutal bombing campaign against the Houthis and achieved nothing positive. Saudi Arabia even deployed foreign mercenaries, paying them 5000 dollars monthly to fight and yet the Houthis wiped out a good number of them. Saudi Arabia, the US and the UK, shamefully withdrew.

There are over 300,000 Houthi fighters. Men who welcome and actively search for death. Nothing will dissuade them from taking the strait of Bab El-Mandeb except the US puts boots on the ground. The Houthis already took a very critical port on the red sea today after brutal fighting against Yemeni government troops and Saudi backed mercenaries. Oil prices are inching up as a result.

Saudi Arabia cannot just watch its economic lifeline being cut off. It will be forced to act but air power alone won't be enough. Troops have to be on ground. Iran and its allies will take up their targeting of Saudi crude production assets a notch. This will do wonders for the international price of crude and of course the retail prices of petrol and diesel here in Nigeria.

Fuel prices here will increase more than they currently are here in Nigeria . President Tinubu will not be responsible for it. There is nothing he can do. So let's all brace up. The coming days and weeks will be very rough

Inspirer1:
Why do people abhor peace? Both sides! Why do they abhor peace

WriteerNg:

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The Eastern European countries provoking Russia and clamoring for WW3 are all ruled by women.

LibertyRep:
There shouldn't have been a single world power, there shouldn't have been.

Dogalmighty17:
This will do wonders for the international price of crude and of course the retail prices of petrol and diesel here in Nigeria.

Fuel prices here will increase more than they currently are here in Nigeria . President Tinubu will not be responsible for it. There is nothing he can do.

GravityDefier:
Why not hand over the bombing of the Houthis to Israel so that all breathing elements on that soil can cease
U.S, UK and the rest are considerate, but you see Israel, they were created to fvck motherfvckers.

Penguin2:
Would you rather have a world where US is the world power or a world where Iran is the world power?

Dogalmighty17:
Over the next few weeks or possibly even days, the price of crude in the international market is going to increase geometrically. This will have terrible ripple effects worldwide. All because of the alarming idiocy of Donald Trump.

While the US was focused on containing Iranian activity in the strait of Hormuz, the Iranians had their eyes on a more critical strait in the red sea. The strait of Bab El-Mandeb. This strait is very critical to all Saudi Arabian oil exports. And Iranian allies, the Houthis in Yemen, are possibly days away from capturing it.

If Bab El-Mandeb falls into the hands of the Houthis, Saudi Arabia can kiss crude oil exports goodbye. But that isn't enough. The Houthis have developed their own precision guided missiles that they can target vital assets in Saudi Arabia. Critical crude oil extraction facilities in Saudi Arabia have been shut down as a result.

In 2002, Saudi Arabia, the US and the UK engaged in a brutal bombing campaign against the Houthis and achieved nothing positive. Saudi Arabia even deployed foreign mercenaries, paying them 5000 dollars monthly to fight and yet the Houthis wiped out a good number of them. Saudi Arabia, the US and the UK, shamefully withdrew.

There are over 300,000 Houthi fighters. Men who welcome and actively search for death. Nothing will dissuade them from taking the strait of Bab El-Mandeb except the US puts boots on the ground. The Houthis already took a very critical port on the red sea today after brutal fighting against Yemeni government troops and Saudi backed mercenaries. Oil prices are inching up as a result.

Saudi Arabia cannot just watch its economic lifeline being cut off. It will be forced to act but air power alone won't be enough. Troops have to be on ground. Iran and its allies will take up their targeting of Saudi crude production assets a notch. This will do wonders for the international price of crude and of course the retail prices of petrol and diesel here in Nigeria.

Fuel prices here will increase more than they currently are here in Nigeria . President Tinubu will not be responsible for it. There is nothing he can do. So let's all brace up. The coming days and weeks will be very rough

JudeAfoo:
If OP has any sense, there's a lot Tinubu can do about the situation.
He's the president of Nigeria

Inspirer1:
Why do people abhor peace? Both sides! Why do they abhor peace

nairalanda1:
So you want our government to pay for subsides by more borrowing

VIKTO83:
Op I see how happy u are. It speaks alot about u and what u believe in.

Flangelo12:
Iran was jejjely on its own.

nairalanda1:
So you want our government to pay for subsides by more borrowing

Gotocourt:
Only if women ruled the world, there will be no wars, countries won't talk to each other.

IndexMode:
It won't actually be that bad because there would be other suppliers who would step up. Russia may get some of its sanctions lifted in Europe.

Also, Saudi Arabia can still ship out its crude through a longer route.

Saudi Arabia’s main Red Sea outlet is the East-West Pipeline (Petroline). It can use that.

They can use the Persian Gulf terminals (via the Strait of Hormuz) to supply asia. This one means they will have to support Iran and beg for passage.
and the long Cape of Good Hope route. Easily, tankers can sail the long way around Africa. This avoids both Bab el-Mandeb and Hormuz but adds 10 days shipping time.

It's minor. Saudi should not negotiate with terrorists.

codedguy1:
He didn't even bother to ask why the houthis are doing this and what do they stand to gain. He I just happy that something bad is about to get worse.

Sick mentality.

If US face the houthis again people will start shout up and down

Mattswaggz:
Ideally it wouldn't be with borrowing and neither is it a bad idea since we won't see what they would do with the excess money realized from the crude oil increase why not use it to subsidize the product for Nigerians?.

delkuf:
you keep going round and with this your govt paying subsidies with more borrowing. Why dont lay more emphasis on the current president that is not paying subsidies but have borrowed more than buhari borrowed in 8 years

MT:
The US military lacks the capacity to engage the houthis as their military is already stretched thin. Their weapons are also dwindling.

The biggest mistake is fighting in Iran where they expended lot of resources. Houthis just took the advantage of the US being tied down somewhere.

nairalanda1:
Right now, the government is borrowing to fund the budget and is also paying off past massive loans taken since 2006...partly because we kept subsidy when we should have removed it. Increases in oil price are being chopped by the debt.

It's not possible. This is not a defence of tinubu, it is a statement of what is on ground. We cannot have things that are not existing yet.

Mattswaggz:
Okay if you say so but I don't trust these guys to not divert the excess amount to their pockets.....in no distant time, we might start hearing of another scandal of how the excess monies were unaccounted for.

Laikarahaman:
America the cause of world problems, how and why will you leave your territory thousands of miles away to disturb a surverign nation.


This is bad

UrVillageChief:
I swear. These American military are too cautious with terrorists for my liking. Award the contract to those who can execute it more brutally🤣
Hamas, Hezbollah and the Ayatollah in his grave can testify