Donald Trump’s desperate attempt to impose an oil embargo on China, India, Spain, Pakistan, etc. led him to decide to proceed from April 13, at 10:00 am (East Coast US), to a naval blockade of Iran.
This is a desperate plan to avoid defeat on the Iran front and shows a serious lack of awareness of reality that could lead the world to very unpleasant situations.
He sets an untenable goal of forcing primarily China, secondarily India and then all the other countries of the world to buy entirely American oil or Venezuelan oil (which is now managed exclusively by the US).
After all, the war against Iran was largely launched to attack the second major “gas station” of the Chinese (the first was Venezuela) but also to bring India under control, which also has aspirations for future upgrading.
China buys approximately 90% of Iran’s oil exports, i.e. 1.7 million barrels per day, and from these it now fuels its development, along with Russian oil.
In short, what President Trump is currently trying to do is blackmail China.
But can he? How will the Chinese react if their tankers are stopped in the Strait of Hormuz.And what will happen when the Chinese even start escorting their own tankers with warships?
Will the US Navy attack Chinese Navy ships? This would automatically mean a third world war. Even with regard to the legality of the naval blockade, it is an illegal action under all international law.
How unsubstantiated what President Trump wants is also evident from the fact that he combines the blockade of Iran with an unrealistic proposal:
Countries that are pressured by the Strait of Hormuz – especially China – should buy more oil from the US.
“China can send its ships to us. China can send its ships to Venezuela,” Trump said on Fox’s “Sunday Morning Futures.”
And he claimed in a social media post on Saturday that “empty ships carrying oil from many nations are all heading to the United States of America to be filled with oil.”
What do they believe in the Trump administration? That the Chinese will buy this amount at much higher prices than the US?
Or that Sanchez’s Spain will buy from the US?
So apart from the fact that a superpower like China would never accept such a thing, the US does not have the capacity to even come close to replacing the huge flows that normally move through the Straits of Hormuz.
Of course, it is understood that the increase in oil prices will reach such unimaginable heights (including for American consumers) that what we have seen so far as an economic crisis will look like a “playground ride.”
And everyone knows how economic crises that have reached a dead end are resolved.
