Is gonna leave a mark…
President Donald Trump said Friday that the U.S. had carried out a bombing raid on Iran’s Kharg Island, a strategically vital island in the Persian Gulf that serves as the country’s largest oil terminal and a crucial hub for its crude exports.
“Moments ago, at my direction, the United States Central Command executed one of the most powerful bombing raids in the history of the Middle East, and totally obliterated every MILITARY target in Iran’s crown jewel, Kharg Island,” Trump wrote on Truth Social.
The island, located roughly 35 miles off Iran’s Bushehr province in the country’s southwest, is about the size of New York City’s Central Park but carries huge importance for Iran’s economy.
Full article, HERE from Fox News.
The before…
I’m sure we’ll be seeing the ‘after’ in the next day or so…
That’s seven million barrels a day of oil that Iran can no longer move…
That is also a lot of money that will not be going into their coffers to pay the IRGC and others. Now things get really interesting for them. How ‘loyal’ are the IRGC when nobody can pay them?
And if the keep hitting other country tankers parked in the Persian Gulf, how soon before those countries start shooting back? The Saudis have options, with the east/west pipeline going over to Yanbu and up to Ain Soukhna. So they could quit using Ras Tanura completely and still get their oil out.
We’ll see what happens next…
They already hit the National Bank, so “No Paycheck for you, Moe…”
Moving cargo and fuel got a lot more expensive.
I was talking to a friend in Bogo City, Philippines today. They are feeling the pinch there already. Rice prices are climbing, and that’s a staple food for them. Gasoline just went up to 90 pesos/liter, which is 6$/gallon if I did the math right.
And on the home front, my grandson (who my wife and I raised) is having his Deployment Ceremony this Friday at 11:00 Eastern at Dobbins AFB.
You can feel free to pray for us.
Changing the chokepoint from Hormuz to Bab el Mandeb just gives the Houthis a chance to get in on the festivities.
AZ Gas prices just spiked too. Local Costco went up 50 cents, local Safeway went up almost a dollar…
Ed- True!
Pat- Will do!
Dan- Possible… If they are that stupid. The Saudis WILL turn them into a parking lot.
Rick- Yep, 40 cents higher here today.
We live in interesting times.