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US Oil and Gas Association on Iran
Posted on 4/21/26 at 1:40 pm
Posted on 4/21/26 at 1:40 pm
Posted on 4/21/26 at 1:40 pm to jbdawgs03
quote:
2 million barrels Seized without a single shot fired. MT Tifani, Indian Ocean. Loaded at Kharg Island. Destination: China New destination: US custody In 72 hours: April 19: MV Touska seized, Arabian Sea April 21: MT Tifani seized, Indian Ocean Nearly 2M barrels of Iranian crude. At $89/barrel = ~$178M seized in one boarding Iran is losing $400M/day from the blockade. Now losing entire cargoes at sea. And every barrel was heading to China.
Posted on 4/21/26 at 1:43 pm to jbdawgs03
Exactly, yet the MSM certainly does not want the US citizenry anywhere near these stories.
Posted on 4/21/26 at 1:47 pm to jbdawgs03
You can bet your arse China will eventually get that oil. Trump and Xi are such big buddies...roll eyes
Posted on 4/21/26 at 2:27 pm to jbdawgs03
Now we should sell that oil to American refineries at a 25% discount to lower gas prices and use proceeds to help fund the war effort
Posted on 4/21/26 at 2:30 pm to deltaland
quote:
Now we should sell that oil to American refineries at a 25% discount to lower gas prices and use proceeds to help fund the war effort
To the victor goes the spoils.
Dunno why this was never done in Iraq, or at least a portion of their oil as payback for the war effort.
Posted on 4/21/26 at 2:56 pm to AndyCBR
quote:
Dunno why this was never done in Iraq, or at least a portion of their oil as payback for the war effort.
The poor security situation probably had a lot to do with Oil companies not wanting to stick around and invest. However, since 2003, all revenues from Iraq’s oil sales have been funneled directly into an account at the Federal Reserve Bank of New York. So we didnt get their oil per se but what the US , was the continuation of OPEC pricing oil in dollars, the prevention of European reconstruction contracts in Iraq, the prevention of Iraq keeping its UN account in Euros, and other objectives related to maintaining the hegemony of the petro dollar on which the US economy relies.
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