War US replacing Gulf supply of oil and gas to Europe since Iran War

[Maciamo]

If anyone is still in doubt that the US war on Iran is hugely profitable to the United States, have a look at this chart. Qatar's LNG exports have dropped from 8.3% of the world's supply to almost nothing. The US, to a lower extent, Australia have filled the gap. Overall consumption has dropped though, due to insufficient supply which increases prices. In other words, the US is selling much more natural gas to Europe at higher prices than before. It's the same story for petroleum.

 

[bicicleur 2]

Trump himself claimed the US don't need the Strait of Hormuz, as they produce lots of oil themselves, and he said 'other countries should clear the Strait'. Nevertheless, also inside the US oil prices are rising and this is not favourable for Trump and the oncoming midterms. It's a stupid move from Trump instigated by Kuchner, Witkopf and Nethanyahu.

The broader picture is that China is/was supplying weapon components for oil to Russia, Venezuela and Iran, and is competing with the west with cheaper energy prices. What happened in Venezuela, diverting the oil to the US has embolded Trump.
He shouldn't have gone to war, he should have gone after the shadow fleet worldwide. Europe should have done the same, though they stopped some tankers with Russian oil after Trump did the same with tankers coming from Venezuela. All to little and to late. International law shouldn't protect dictators smuggling oil and other commodities to finance themselves and stay in power.

 

[davef]

“Other countries should clear the Strait”…..WTF IS HE BLIND???? WHAT OTHER COUNTRIES ARE BLOCKING IT???

And I bet he’ll want to start wars with OTHER nations getting their nuclear goods from China, without seeing the actual root cause!

His aging brain is losing its marbles, best thing he can do for us is go back to mar a lago, pack up, enjoy his remaining years with his billions. He can do whatever he wants, buy a new golf resort or something…just stop being president!