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re: Trump and the Strait success.
Posted on 8/14/26 at 10:03 pm to Jjdoc
Posted on 8/14/26 at 10:03 pm to Jjdoc
quote:
Wrong. Because we control the strait.
No. You are clearly wrong on this one. If China hadn't cut their demand in half due to their growing energy independence, gas would be 7 dollars a gallon right now. If anything, we are trying to inflate the prices to offset China's play
This post was edited on 8/14/26 at 10:05 pm
1
Posted on 8/14/26 at 10:06 pm to theunknownknight
You are full of ignorance. Grok it. Chatgpt it. Research it. It is due to the blockade.
This post was edited on 8/14/26 at 10:09 pm
Posted on 8/14/26 at 10:07 pm to Jjdoc
quote:
You are full of ignorance. Geok it. Chatgpt it. Research it. It is due to the blockade.
Must be nice living in your constructed fantasy land. O&G was struggling relatively in the USA before the Iran war. The war is propping us up while we run out of reserves
This post was edited on 8/14/26 at 10:09 pm
Posted on 8/14/26 at 10:09 pm to theunknownknight
From grok
No, the sharp reduction in China’s imports of Iranian oil is not primarily (or mainly) due to a shift toward nuclear power.
The dominant, immediate cause remains the effective closure and restrictions on the Strait of Hormuz following the outbreak of the US-Israel-Iran conflict in late February 2026. This disrupted tanker traffic, limited Iranian production and exports, and constrained shipping from the broader Gulf region. China had been buying the large majority (roughly 80–90%) of Iran’s oil exports (typically 1.3–1.7 million barrels per day pre-conflict); those volumes fell substantially afterward, with reports of drops toward roughly half a million bpd or lower in certain mid-2026 periods, alongside a broader plunge in China’s overall seaborne crude imports.
No, the sharp reduction in China’s imports of Iranian oil is not primarily (or mainly) due to a shift toward nuclear power.
The dominant, immediate cause remains the effective closure and restrictions on the Strait of Hormuz following the outbreak of the US-Israel-Iran conflict in late February 2026. This disrupted tanker traffic, limited Iranian production and exports, and constrained shipping from the broader Gulf region. China had been buying the large majority (roughly 80–90%) of Iran’s oil exports (typically 1.3–1.7 million barrels per day pre-conflict); those volumes fell substantially afterward, with reports of drops toward roughly half a million bpd or lower in certain mid-2026 periods, alongside a broader plunge in China’s overall seaborne crude imports.
Posted on 8/14/26 at 10:11 pm to Jjdoc
That makes no sense, logically. Think about it.
China is already paying the fines, why WOULDN'T they take their usual demand if they needed it? It would bone the US economy. Dropping 10%, sure, but HALF due to this at the strait? The math doesn't even add up
China is already paying the fines, why WOULDN'T they take their usual demand if they needed it? It would bone the US economy. Dropping 10%, sure, but HALF due to this at the strait? The math doesn't even add up
This post was edited on 8/14/26 at 10:12 pm
Posted on 8/14/26 at 10:12 pm to theunknownknight
You are aware that in terms of oil export/transport through the strait, there’s far more than just Iran to China, right? All of the gulf countries export oil and receive imports a’plenty, much of which is by sea.
Posted on 8/14/26 at 10:12 pm to theunknownknight
From Chatgpt
China has dramatically reduced crude-oil imports since the Strait became effectively closed during the Iran conflict. In June, China imported only 7.12 million barrels/day, down 41.3% year over year and the lowest level in almost a decade.
As of August 14, Hormuz remains effectively closed to normal traffic, and Asian refiners are increasingly buying U.S. crude because Gulf supplies remain constrained.
China has dramatically reduced crude-oil imports since the Strait became effectively closed during the Iran conflict. In June, China imported only 7.12 million barrels/day, down 41.3% year over year and the lowest level in almost a decade.
As of August 14, Hormuz remains effectively closed to normal traffic, and Asian refiners are increasingly buying U.S. crude because Gulf supplies remain constrained.
Posted on 8/14/26 at 10:13 pm to davyjones
quote:
You are aware that in terms of oil export/transport through the strait, there’s far more than just Iran to China, right? All of the gulf countries export oil and receive imports a’plenty, much of which is by sea.
Exactly, so why would China cut their imports in half if they could get the oil elsewhere, and yet they aren't
This post was edited on 8/14/26 at 10:15 pm
Posted on 8/14/26 at 10:14 pm to Jjdoc
quote:
From Chatgpt
China has dramatically reduced crude-oil imports since the Strait became effectively closed during the Iran conflict. In June, China imported only 7.12 million barrels/day, down 41.3% year over year and the lowest level in almost a decade.
That is confirming my point, not yours. All you are doing if pointing to a correlation communicated by an LLM.
Posted on 8/14/26 at 10:16 pm to theunknownknight
quote:
That makes no sense, logically.
Yes it does. 80 to 90% of their oil demands came through that strait. Its easily verified.
quote:
China is already paying the fines, why WOULDN'T they take their usual demand if they needed it?
Because the strait is CLOSED. We have a blockade their. This coincides with Iran having money issues and running out of needed supplies.
Posted on 8/14/26 at 10:17 pm to theunknownknight
We are done here. Lol.
Wow.
Wow.
Posted on 8/14/26 at 10:18 pm to DeBoar
quote:
pussies who can’t help but cry about the price of gas.
"When I win, I will immediately bring prices down, starting on Day One," Trump declared at an August 2024 news conference
Posted on 8/14/26 at 10:21 pm to The_Duke
Man you got him good the Duke
Posted on 8/14/26 at 10:22 pm to No Colors
And yet, gas is still lower on average than it was under his predecessor despite their being no war... gas has also yet to hit $6 per gallon, which it did under his predecessor.
Thoughts?
Thoughts?
Posted on 8/14/26 at 10:24 pm to Jjdoc
You are assuming China doesn't have the ability to shift to energy independence. I just read an article stating they have several billion barrels of oil in reserve that we KNOW of. But China has been playing it really close to the vest and has surprised the markets by shifting away from the strait.
People are scrambling to understand their play, but I think it's simple. They sent a signal they are further along on their way to controlling their own energy than the world thought.
Use some common sense, if something cut our supply 50% in one area, we'd pull it from another because we HAVE TO. Where is the missing 50% for China. It is somewhere.
People are scrambling to understand their play, but I think it's simple. They sent a signal they are further along on their way to controlling their own energy than the world thought.
Use some common sense, if something cut our supply 50% in one area, we'd pull it from another because we HAVE TO. Where is the missing 50% for China. It is somewhere.
This post was edited on 8/14/26 at 10:25 pm
Posted on 8/14/26 at 10:26 pm to theunknownknight
And China hasn’t had to dip into said reserves due to the negative impact to Iranian exports to China?
Posted on 8/14/26 at 10:27 pm to davyjones
quote:
And China hasn’t had to dip into said reserves due to the negative impact to Iranian exports to China?
That's just it. We don't know. We just know they said "we don't need you"
Has the USA had to dip into its oil reserves?
Posted on 8/14/26 at 10:28 pm to Jjdoc
What was the price in Jan 2026?
Posted on 8/14/26 at 10:29 pm to Jjdoc
quote:
Wrong. Because we control the strait.
Humiliation ritual?Posted on 8/14/26 at 10:29 pm to theunknownknight
Don’t know if we have so dipped, but am quite certain we have more domestic capability.
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