Trump defends naval blockade, says US will not allow ‘blackmail’
Trump says the US naval blockade is aimed at preventing Iran from “blackmail” and “extort[ing] the world”.
He added that the US does not rely on the Strait of Hormuz, saying: “We don’t use the strait,” and claiming the country has “more oil and gas than Saudi Arabia and Russia”.
Trump said “many countries” were turning to the US for the “best and sweetest” oil and suggested the situation “could all be settled before that”.
Asked whether other countries would support the blockade, he said: “We don’t need other countries,” but claimed some had offered to help, adding that he would release details “tomorrow”.
Every accusation is a confession. Trump has done nothing but blackmail and extort the world since he came back in office.
Trump: US may ‘stop by’ Cuba after it deals with Iran
Continuing his remarks, the US president has issued a new threat to Cuba, which is also currently under a US blockade along with Iran.
Trump said the US may “stop by” Cuba after its current focus on tensions with Iran concludes.
The world is about to get its last delivery of pre-war oil
The last oil tankers that left the Strait of Hormuz before the war are about to reach their destination.
Two tankers delivering oil from Iraq, Kuwait and Saudi Arabia that transited the strait prior to February 28 are still on the water, according to a note from JPMorgan analysts sent to clients this past Sunday. One, the Ocean Thunder, is set to deliver crude oil from Iraq to Malaysia on Saturday. The other, named the Yuan Ju Wan, is scheduled to deliver jet fuel to Australia on Sunday.
Once those two deliveries are completed, the world will have exhausted its supply of pre-war crude and fuel.
The economic hurt is just beginning.
Last edited by SvennoJ - 1 day ago
