Real Geopolitical Risk to Oil Supply in Middle East - Oct 1

[dan_s]

Israel plans to launch “powerful airstrikes throughout the Middle East” beginning Tuesday night in retaliation for an Iranian missile barrage launched on the Jewish state Tuesday, according to reports.

The warning comes after nearly 200 ballistic missiles were fired Israel, with shrapnel and warheads raining down on Tel Aviv and other Israeli population centers.

Iran opened direct hostilities against Israel after the IDF began a ground invasion against the terrorist group Hezbollah in Lebanon on Monday.
---------------------
How long before Old Joe and Kamala shut down Iranian oil exports? By lifting sanctions on Iran, the U.S. is funding the attacks against Israel.

Israel may bomb the Iranian export facilities in the Persian Gulf.

[mrbill]

I've been saying this. Kharg Island is their oil export facility. One rocket goes in lighting off fire and the whole World will notice. You can shut down Iran's oil money from the terminal, but what about the rest of the World's supply?

[tlengoc]

https://x.com/SinaToossi/status/1841207114666057848?ref_src=twsrc%5Etfw

Multiple IRGC-affiliated Iranian outlets & Telegram channels report, "Iran has warned the US: if you target our refineries, we will set fire to the refineries and oil fields across the entire region, including those in Saudi Arabia, Azerbaijan, Kuwait, the UAE and Bahrain."

Also there are Russian troops in Iran manning S-400 air defense systems, Murmansk Electronic warfare system, and possibly a few squadrons of Su-35 and Mig-31 just to name a few. Does Russia get drawn into the conflict if a Russian soldier is killed or injured in an Israeli counter attack? Israel supposedly attacked a Russian base in Syria. There are S-300 and S-400 systems there to.

What happens if Iran closes the Straits of Hormuz? What would be the price of oil, then? $200-$300+?