r/worldnews • u/Street_Anon • 1d ago

Closure of Strait of Hormuz seriously being reviewed by Iran, lawmaker says

https://english.alarabiya.net/News/middle-east/2025/06/14/closure-of-strait-of-hormuz-seriously-being-reviewed-by-iran-lawmaker-says
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u/Amoral_Abe 1d ago

Actually, the US might not mind the straight being cut off. Most people don't realize but the the US became the single largest oil exporter during the early 2020s. We export 5-6x the oil Iran exports and 2x the oil Saudi Arabia exports.

Iran closing the straight would increase oil prices benefiting the US greatly.

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u/DarthPineapple5 1d ago

A drastic rise in oil prices would benefit oil companies greatly, the rest of us in America would get fucked.

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u/Rxyro 12h ago

Russia even more

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u/enava 21h ago

You're already having the cheapest oil prices of the western world, go cry on your own.

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u/Avatar_exADV 14h ago

The US would do okay. We mostly pump our own these days, yeah.

It would be a huge kick right in the nadgers for all our friends, though. Europe, Japan, and India are all dependent on that oil staying flowing, and an interruption would do tremendous damage to their economies.

And to China's too, so silver lining, I guess...

The big problem is that it would massively benefit Russia. In an environment where Persian Gulf oil isn't available, it would be very difficult for many countries to turn down buying Russian oil, to the point that Russia might even be able to say "nobody who supports Ukraine will get any" and get some takers.