Western economy; A sign of Iran's right to veto the Strait of Hormuz The claim of former Democratic President Barack Obama that "Iran has the right to veto the Strait of Hormuz" has been proven in the most objective way not only in military calculations but also in the official reports of Western think tanks these days. Hormuz's strategic missiles now sent a clear message; Iran's range of deterrence was not only aimed at US bases and the countries of the Persian Gulf, but also at the European and American economy. Meanwhile, Trump's belligerent policies and maximum pressure against the Islamic Republic of Iran to weaken Tehran have resulted in completely opposite results, and now the heavy bill is being paid directly from the pockets of American citizens. According to a new report by the Center for Energy and Clean Air Research (CREA) in Finland, since the beginning of the crisis on February 28, the practical closure of the Strait of Hormuz and its blockade by Iran has fueled the global market. According to this report, each American consumer paid an average of $471 extra for gas; While the global average was around $60. Americans suffered the most because of their dependence on high consumption cars, long distances and the slow transition to electric cars (with a small share of 7.3% compared to 57% in China). The spike in the price of crude oil, the sharp decline in the refining capacity of the Persian Gulf and the removal of the refining capacity of the region due to Iran's smart attacks, brought the price of diesel to the highest level in history and gasoline to an unprecedented high. While Washington claims that these costs are "the price of preventing Iran from obtaining nuclear weapons", the continuation of the crisis has shown that the calculations of the White House were completely wrong. Unlike countries like China, which curbed the price shock by cutting consumption, the United States' paltry savings of $5.7 billion did not cure them of any pain. The result is clear; Increasing oil production is not a substitute for reducing demand, the Western economy is a sign of Iran's veto on the Strait of Hormuz. Iran's control of the Strait of Hormuz is a power equation that no amount of sanctions or pressure can change. Yes, it's slow Sorosh+ | Telegram Instagram.

Western economy; A sign of Iran's right to veto the Strait of Hormuz The claim of former Democratic President Barack Obama that "Iran has the right to veto the Strait of Hormuz" has been proven in the most objective way not only in military calculations but also in the official reports of Western think tanks these days. Hormuz's strategic missiles now sent a clear message; Iran's range of deterrence was not only aimed at US bases and the countries of the Persian Gulf, but also at the European and American economy. Meanwhile, Trump's belligerent policies and maximum pressure against the Islamic Republic of Iran to weaken Tehran have resulted in completely opposite results, and now the heavy bill is being paid directly from the pockets of American citizens. According to a new report by the Center for Energy and Clean Air Research (CREA) in Finland, since the beginning of the crisis on February 28, the practical closure of the Strait of Hormuz and its blockade by Iran has fueled the global market. According to this report, each American consumer paid an average of $471 extra for gas; While the global average was around $60. Americans suffered the most because of their dependence on high consumption cars, long distances and the slow transition to electric cars (with a small share of 7.3% compared to 57% in China). The spike in the price of crude oil, the sharp decline in the refining capacity of the Persian Gulf and the removal of the refining capacity of the region due to Iran's smart attacks, brought the price of diesel to the highest level in history and gasoline to an unprecedented high. While Washington claims that these costs are "the price of preventing Iran from obtaining nuclear weapons", the continuation of the crisis has shown that the calculations of the White House were completely wrong. Unlike countries like China, which curbed the price shock by cutting consumption, the United States' paltry savings of $5.7 billion did not cure them of any pain. The result is clear; Increasing oil production is not a substitute for reducing demand, the Western economy is a sign of Iran's veto on the Strait of Hormuz. Iran's control of the Strait of Hormuz is a power equation that no amount of sanctions or pressure can change. Yes, it's slow Sorosh+ | Telegram Instagram.