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It's On: Iran Closes Straits Of Hormuz, Oil Explodes
Zero Hedge ^
| 12/13/2011
| Tyler Durden
Posted on 12/13/2011 7:17:12 AM PST by JohnKinAK
It's on. Iran has just closed the Straits of Hormuz for military training as was expected yesterday, according to RanSquawk. Oil, and all other commodities, are outtahere.
(Excerpt) Read more at zerohedge.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: hormuz; iran; oil; rumors
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On Zerohedge now, go to website for graphs.
1
posted on
12/13/2011 7:17:18 AM PST
by
JohnKinAK
To: JohnKinAK
Just saw that. Temporary?
2
posted on
12/13/2011 7:19:11 AM PST
by
Just4Him
(Have I now become your enemy because I am telling you the truth? Galatians 4:16)
To: MississippiMan; ctdonath2; LibertyRocks; GonzoGOP; b4its2late; bert; maquiladora; hennie pennie; ...
3
posted on
12/13/2011 7:19:20 AM PST
by
jhpigott
(North Korea - The land of lousy options)
To: JohnKinAK
So where are the carriers? Oh wait Obama has the crews busy undergoing sensitivity training so they can't be bothered to actually worry about freedom of navigation or such.
4
posted on
12/13/2011 7:21:19 AM PST
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: JohnKinAK
DJIA is up 120.34 (10:13AM EST). So the money changers are not seeing this as a problem.
5
posted on
12/13/2011 7:23:17 AM PST
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: GonzoGOP
Iran closes the Straights and the Occupiers close our ports. In both cases it should call for a response from our military.
6
posted on
12/13/2011 7:24:19 AM PST
by
Russ
(Repeal the 17th amendment)
To: JohnKinAK
Rumors. Actually, it’s not theirs to close. We have our navy nearby.
7
posted on
12/13/2011 7:25:05 AM PST
by
Genoa
(Starve the beast.)
To: GonzoGOP; JohnKinAK
8
posted on
12/13/2011 7:25:41 AM PST
by
nuconvert
( Khomeini promised change too // Hail, Chairman O)
To: jhpigott
Iran closes Strait - Obama closes in on his first under par golf outing since being in office.
9
posted on
12/13/2011 7:25:41 AM PST
by
LurkingSince'98
(Catholics=John 6:53-58 Everyone else=John 6:60-66)
To: GonzoGOP
Actually this is Ahmedinijad taking advantage of Obama’s weak posturing while begging for our drone back.
10
posted on
12/13/2011 7:26:17 AM PST
by
SENTINEL
(Romney is to Conservatism what Mormonism is to Christianity.)
To: JohnKinAK
Straits closed, Michelle Obama goes on Man vs Food looking to break another record.
11
posted on
12/13/2011 7:30:07 AM PST
by
AU72
To: GonzoGOP
There are no navy skippers left. obambi has been getting them all relieved for being insensitive. 22 so far this year.
12
posted on
12/13/2011 7:31:19 AM PST
by
Scotsman will be Free
(11C - Indirect fire, infantry - High angle hell - We will bring you, FIRE)
To: nuconvert
I love the where are the carriers map. Thanks for the link.
One other note. Is there a way to get oil to China without going through the straights. Cut of the Chi-coms from Middle East oil and the PLAN may be breaking the blockade before Obama can get off the golf course.
13
posted on
12/13/2011 7:32:09 AM PST
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: JohnKinAK
I feel badly for the Persian people. They need to be freed from the scum that has imprisoned them.
14
posted on
12/13/2011 7:32:20 AM PST
by
coon2000
(Give me Liberty or give me death!)
To: GonzoGOP
No doubt. O’Zero has our military studying the likes of Harvey Milk and RuPaul, versus Napoleon, Rommel and Alexander the Great.
15
posted on
12/13/2011 7:33:38 AM PST
by
lormand
(A Government who robs Peter to pay Paul, will always have the support of Paul)
To: JohnKinAK
Iran seized our plane.
Seize an Iranian ship. Two in fact. Sink one, and trade for the other.
Appeasement is not a strategy.
To: JohnKinAK
NEW YORK (Dow Jones)—Crude futures were treading water in early trading Tuesday, after recovering from Monday’s loss overnight.
Light, sweet crude for January delivery recently traded 74 cents, or 0.8% higher at $98.51 a barrel.
There were several reports seemingly important to the oil market, though little seemed to gain traction, from Iran’s military exercises in the Strait of Hormuz, a key Middle East oil shipping channel, to OPEC reducing its forecast for 2012 crude demand, citing the potential for global economic decline.
17
posted on
12/13/2011 7:35:56 AM PST
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Russ
Iran closes the Straights and the Occupiers close our ports. In both cases it should call for a response from our military.Really??? I thought one a job for the military and the other the job of the police and if they can not handle the situation then it is a job of the National Guard.
To: Oldeconomybuyer
Message from nobama sent from the third tee: “Open the straits...Pretty Please.”
19
posted on
12/13/2011 7:39:00 AM PST
by
hal ogen
(First Amendment or Reeducation Camp?)
To: JohnKinAK
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