President Trump on Sunday said the U.S. Navy would “immediately” begin a blockade to stop ships from entering or leaving the Strait of Hormuz, after historic U.S.-Iran ceasefire talks in Pakistan ended without an agreement.

cross-posted from: https://piefed.world/c/world/p/1034118/trump-says-u-s-navy-will-immediately-blockade-strait-of-hormuz-after-ceasefire-talks-end

President Donald Trump on Sunday said the U.S. Navy would “immediately” begin a blockade of ships entering or leaving the Strait of Hormuz, after U.S.-Iran ceasefire talks in Pakistan ended without an agreement or next diplomatic steps in sight.

In his first public comments after the 21-hour talks, Trump sought to eliminate Iran’s key source of leverage in the war by exerting strategic control over the waterway that was responsible for 20% of global oil shipping before fighting began.

A U.S. blockade could further rattle global energy markets. Trump told Fox News the goal was to ensure all ships could transit: “It’s going to be all or none, and that’s the way it is.”

  • Rentlar@lemmy.caEnglish
    9·
    18 hours ago

    Plus, finally there is a major price hike that can’t be blamed on the green parties.

    The best part I think is, the US oil and gas industry got everything they wanted out of Trump and more, but doing all that is actively screwing them in the long run. Their talking points like LNG being a bridge fuel and securing energy prices by having oil production are combusting in real time.