this post was submitted on 22 Jun 2025
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Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.

Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le

_

Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.

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[–] [email protected] 60 points 17 hours ago (22 children)

I really hope they do close it. Time for FAFO.

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[–] [email protected] 19 points 15 hours ago

Wow, never saw that coming. Not.

[–] [email protected] 12 points 14 hours ago

The Orange Turd is the dumbest guy in the room.

[–] [email protected] 16 points 17 hours ago (1 children)

This is Jack's total lack of surprise.

[–] [email protected] 4 points 14 hours ago

I was surprised by this comment...

[–] [email protected] 15 points 17 hours ago* (last edited 17 hours ago) (1 children)

The oil price is skyrocketing and countries producing it will earn a lot more. Since Russia started the war on Ukraine, Europe has needed a lot more gas, making countries who produce gas a lot richer. Norway is profiting af from all of this shit.

[–] [email protected] 33 points 17 hours ago (3 children)

Out of all the countries that could profit from this, Norway is the country I have the lest problems with tbh. Saudi Arabia on the other hand...

[–] [email protected] 3 points 9 hours ago

It’s just not a good look to be earning a lot of money on wars. But the Norwegian government are using the extra cash to fund Ukraine, so they’re using it well.

[–] [email protected] 1 points 7 hours ago

Closing Hormuz would blockade the Saudis as well.

[–] [email protected] 2 points 12 hours ago

Right? US spends a metric ton of money on bases and basically running the middle east, they could at least throw in a nicer regime instead of some insane monarch dictators.

[–] [email protected] 2 points 16 hours ago

They’ve made their decision, now let’s see them enforce it.

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