Post #48099 by Dope1 on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (1)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

...and that's not going down well with China!

https://www.wsj.com/livecoverage/iran-israel-us-la...

Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich Persian Gulf to global markets since Sunday, according to shipping officials, analysts and marine-tracking data. Iranian lawmakers reportedly threatened its closure on Sunday.

Two Chinese-operated very large crude carriers went off course as they tried to enter the strait after their navigation systems were jammed as a result of military operations in Iran.

Whoops.
The problem with electronic jamming is that it's area-based and indiscriminate. They can't jam a US ship and not jam a Chinese ship at the same time.

About 50% of China's oil comes through...the Gulf. If Iran starts mining it or attacking transports ships, China is hurt the most.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (1)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.