“1/10 The U.S. naval blockade of the Strait of Hormuz would cost Iran approximately $276M/day in lost exports and disrupt $159M/day in imports, a combined economic damage of ~$435M/day, or $13B/month.
Over 90% of Iran’s $109.7B in annual trade transits the Persian Gulf. Oil/gas accounts for 80% of government export earnings and 23.7% of GDP. Kharg Island alone generates ~$53B/year, or as I noted to @TIME, “$78 billion a year in energy revenue.”
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“2/10 CRUDE OIL: Iran was exporting ~1.5M barrels/day, earning $139M/day at wartime pricing (~$87/barrel), though with minimal proceed repatriation due to banking sanctions. A blockade zeroes this out overnight. Kharg Island, which handles 92% of crude exports, sits deep inside the Gulf with no viable alternative. That’s $139M/day, gone.”
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“3/10 PETROCHEMICALS: Iran exported $19.7B in petrochemicals in 9 months of 2024/25, ~$54M/day. Virtually all of it ships through Assaluyeh, Imam Khomeini, and Shahid Rajaee, all inside the blockade zone. No overland route can move these volumes. Another $54M/day, gone.”
Here’s your required reading for today.
It’s long, but thoroughly explains what is about to happen to Iran now that talks broke down.
It’s a 10 tweet thread that explains how Iran is about to be crushed
https://x.com/i/status/2043456536454836467
“1/10 The U.S. naval blockade of the Strait of Hormuz would cost Iran approximately $276M/day in lost exports and disrupt $159M/day in imports, a combined economic damage of ~$435M/day, or $13B/month.
Over 90% of Iran’s $109.7B in annual trade transits the Persian Gulf. Oil/gas accounts for 80% of government export earnings and 23.7% of GDP. Kharg Island alone generates ~$53B/year, or as I noted to @TIME, “$78 billion a year in energy revenue.”
—
“2/10 CRUDE OIL: Iran was exporting ~1.5M barrels/day, earning $139M/day at wartime pricing (~$87/barrel), though with minimal proceed repatriation due to banking sanctions. A blockade zeroes this out overnight. Kharg Island, which handles 92% of crude exports, sits deep inside the Gulf with no viable alternative. That’s $139M/day, gone.”
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“3/10 PETROCHEMICALS: Iran exported $19.7B in petrochemicals in 9 months of 2024/25, ~$54M/day. Virtually all of it ships through Assaluyeh, Imam Khomeini, and Shahid Rajaee, all inside the blockade zone. No overland route can move these volumes. Another $54M/day, gone.”
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Click and read on….
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Told ya.
https://x.com/i/status/2043514770502897898
“Breraking: Impeachment Bombshell: Secret memos expose Ukraine accuser’s bias, hearsay, and false claim”
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https://justthenews.com/accountability/whistleblowers/ukraine-bombshell-long-secret-memos-expose-whistleblower-bias-hearsay?utm_source=mux&utm_medium=social-media&utm_campaign=social-media-autopost
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“New CBS poll shows Americans OVERWHELMINGLY back Trump’s actions in Iran.
Sorry, Panicans.”
https://x.com/i/status/2043349383459078267
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Aged like milk left in the sun.
Resign.
https://x.com/i/status/2043653416598024380
“To my Republican colleagues: sexual assault victims deserve justice. Do the right thing. Go sign that petition.”
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