40 Nations Discuss Reopening the Strait of Hormuz, US Didn’t Attend.
Equity futures were down hard overnight but have recovered losses after Iran was said to be discussing opening the strait.
More Than 40 Countries Discuss How to Reopen Hormuz
The Wall Street Journal reports More Than 40 Countries Discuss How to Reopen Hormuz
Military planners are set to look at how to demine the Strait of Hormuz once the conflict in the Middle East eases, the U.K. foreign secretary told a virtual meeting of top diplomats from over 40 nations.
The U.K. is holding a meeting of
35[over 40] nations, not including the U.S., to discuss how to reopen the Strait of Hormuz once the fighting has stopped.
EU Says It Will Help Reopen Strait of Hormuz When Possible
Ursula von der Leyen, the president of the European Union’s executive arm, pledged to work with partners to ensure freedom of navigation in the Strait of Hormuz as soon as possible. “Iran’s actions are putting global economic stability at risk,” von der Leyen wrote on X, following a call with U.K. Prime Minister Keir Starmer the day before. Starmer also spoke with German Chancellor Friedrich Merz and Ukrainian President Volodymyr Zelensky on Wednesday to discuss the conflict in the Middle East.
The U.K. will convene the foreign ministers of 35 nations today—including several EU countries but excluding the U.S.—to discuss the reopening of the strait. U.S. allies, including the U.K., have pressed for the permanent reopening of the waterway but have resisted President Trump’s calls to intervene while the war rages. Starmer this week reiterated that the U.K. wouldn’t be drawn into the conflict, which he said “is not our war.”
Deal in the Works? Without the US?
Oman Deal?
That is the news that reversed stock and bond market futures but not oil futures.
Trump Attacks Bruce Springsteen
Is that ridiculous post supposed to win votes?
Israel to the War Rescue
Now Turkey?
Hey, let’s have a war with Turkey. Why not?
Iran Is Drafting a Protocol With Oman to Oversee Strait of Hormuz
Bloomberg reports Iran Is Drafting a Protocol With Oman to Oversee Strait of Hormuz
Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz, state-run IRNA reported, citing Iran Deputy Foreign Minister Kazem Gharibabadi.
“Naturally, these requirements do not constitute restrictions, but are intended to facilitate and ensure safe passage and provide better services to ships transiting this route,” Gharibabadi told IRNA.
He said vessel traffic through the strait should take place under Iran and Oman’s supervision and coordination.
Finland’s President Alexander Stubb is doing his bit to broker peace in the Middle East. Just a day after holding a call with Trump where the two discussed topics including Iran, Stubb has now spoken with Iranian President Masoud Pezeshkian.
“A ceasefire and a diplomatic solution are urgently needed,” Stubb said in a post on X. “I emphasized the need to end the strikes on neighbouring countries and restore freedom of navigation in the Strait Hormuz. Despite the disagreements, it is important to maintain dialogue.”
Stubb’s text messages, calls and golfing with Trump have earned his country of fewer than 6 million people outsized influence in global politics.
Iran will set a toll for ships passing through Strait of Hormuz, Iran Deputy Foreign Minister Kazem Gharibabadi said in an interview with Sputnik.
Gulf states seek normal relations with Iran and transparency regarding security issues, Gulf Cooperation Council Secretary General Jasem AlBudaiwi said Thursday.
- GCC states “won’t abandon their commitment to avoid dangerous escalation which serves no one”
- Calls on UN Security Council to “take all measures” to ensure freedom of navigation in all straits and restore passage through Hormuz
- Said Iranian aggression crossed red lines by threatening navigation through Hormuz and condemned the country’s attacks
US Help Not Wanted
The US started this mess then told allies to fix it by themselves.
And that is what they are doing. Over 40 nations have had enough of Trump’s madness.
“The US did the hard part,” said Trump.
Note to ignorant fools: The hard part is not starting a war, it’s the settlement.
Meanwhile, expect higher oil prices.
Addendum
I found the link to the lead cartoon
Thanks Nicole Hodges
Ten examples of controversies in prior wars involving infrastructure targeting, civilian harm, and laws of war:
1. 1991 Gulf War Coalition Strikes on Iraqi Electrical Grids and Bridges;
2. Vietnam War Operation Rolling Thunder and Thanh Hoa Bridge Bombings;
3. 1999 NATO Kosovo Varvarin Bridge Airstrike;
4. 1991 Gulf War Nasiriyah Bridge Attack;
5. 2003 Iraq War Dual-Use Infrastructure Targeting;
6. U.S. Anti-ISIS Operations in Iraq and Syria Dual-Use Strikes;
7. 1991 Gulf War Highway of Death;
8. Vietnam War Broader Infrastructure and Village Bombings;
9. NATO Kosovo General Dual-Use and Infrastructure Campaign;
10. Cluster Bomb Use in Gulf War and Kosovo.
US Military Actions: Justified under Geneva Conventions, Article 52(2) (customary IHL), defines military objectives as objects that, by their nature, location, purpose, or use, make an effective contribution to military action and whose destruction offers a definite military advantage in the circumstances at the time—precisely the test applied to strategic bridges used for troop movements, missile/drone logistics, or supply routes.
This is reinforced by the principle of distinction (AP I Art. 48 & 52(1); ICRC Customary Rule 7), which permits attacks solely against military objectives while prohibiting direct strikes on purely civilian objects, alongside proportionality (AP I Art. 51(5)(b)) and precautions in attack (AP I Art. 57), which regulate but do not ban compliant strikes.
No UN Charter provisions or other rules prohibit such actions once an armed conflict exists under Article 51 self-defense; the U.S. strike on the B1 bridge was justified by officials as eliminating a planned military supply route, aligning with these black-letter rules that have governed similar targeting in prior conflicts.
Any confusion on RULES often revolve around the tension between military advantage and civilian protection under the same IHL rules (e.g., AP I Articles 48, 51, 52, and 57) discussed in relation to current operations.
Now that America has done the hardest, most dangerous work, it’s good to see other countries making some small effort to help pick up the pieces and get on with trade.
Outrageous that the europeans are prohibiting US from using their own bases for Epic Fury operations.
Part of the plan of one world government Immigation voter base censorship of speech started with the Arab Spring of Demcorat Clinton
Each person who voted for Trump should feel stupid for the rest of their miserable life.
No parole?
On the other hand, the illegal immigration party has an adversarial relationship with US citizens. Not a great alternative.
That’s why we should organize with our neighbors, to nominate our own candidates and campaign for them.
TDS
If you think Trump/Netanyahu are gonna leave Iran alone, I have a blown up bridge to sell you
njbr please….. Bibi sleeps with the fishes.
Brian Berletic makes a strong case that the attack on Iran is ultimately an important part of a strategy to weaken China by forcing an energy crisis on it. It forces an energy crisis on everyone else too. Let’s see if that matters. The agenda moves ahead.
that is true 5D chess thinking by whoever this Brian Berletic is, Trump would be proud of this chomp 🙂
Wonder who will break first from high energy prices, American consumer who drives big SUV and needs to commute like 50+ miles daily or Chinese consumer who is using mostly public transport (plus government can easily crush any discontent if needed). And a cherry on top is incoming midterm.
But yeah, he somehow he thinks this will weaken China more than USA.
My alternative strong case posted below, let me rewrite it here
”
Long term I suspect Iran will make clear demand – any country having USA bases in region is paying toll/getting staff bombed including those bases.
Anybody who kicked out USA military is good to go.
”
with this setup this will actually strengthen China as it already has strong ties with Iran.
Brian Berletic doesn’t say it’s smart. Just that it’s the ongoing American plan to weaken any country that could be its rival. They (we) instigate trouble for Russia on its periphery and for China on its periphery. It’s not like we really care about democracy in Georgia or Kazakhstan or in Myanmar or Thailand. Here is Berletic’s channel: https://www.youtube.com/@TheNewAtlas
As Sentient says, Berletic condemns Warshington wars. But he READS the war planners’ public documents and sees similarity between what they plan and what is happening but somewhat eclipsed by the admin chaos.
Then Berlin is an imbecile.
Berletic does not endorse Warshington plans. He reports on them.
US markets seem to be blowing off the damage to the world economy that is in the pipeline and only reflecting on US oil profits.
The disruptions in Asian nations are profound and debilitating. Fertilizer, Helium for chip production, Sulfur and Sulfuric acid for copper production all are starting their cascades through the global markets.
Since this is an economic forum, can we get some opinions on how long before there is a global meltdown?
The notion that this is a short term disruption is naive.
I found this to be a dense 14,000 word education on this subject. Your post makes it sound like you either read this same article or were well ahead of my knowledge in this subject already.
https://shanakaanslemperera.substack.com/p/the-last-molecule-standing
I posted that article here two days ago right after it came out. It is a fantastic read on the resource deprivation cascades that are hitting the world. You are correct that my post reflects having read it.
I have owned Cheniere Energy since before it started its first train and ramped up production. Last week the US exported 149 billion cu ft on LNG. I’ll sell it the moment I think that depletion rates are going to catch up with new production. The Helium gas producers I hold are Exxon (long term) and two weeks ago I grabbed some Air Products and Chemicals (APD). Both are doing well. I should also sell some puts on Linde as a purchase or income method because profits are indeed coming.
GLTA
Now tell us how you plan on profiting from this because that’s all that matters now.
I read the article and here are my ideas.
Looking at Chenier energy it’s clear that people with real money are already far ahead of me. But maybe I’m thinking about it wrong… maybe the move from $200 to $300 is just the start of the gains.
Anyone who wants to stockpile computer technology, which obsoletes itself every two to three years, is an idiot.
I suspect he was joking on those two. Frosty’s many other comments suggest he is anything but an idiot.
Sometimes there’s no way to win, but some of us still would like to know what’s coming in order to prepare to lose with the least amount of pain as possible.
So much winning are you getting tired yet?
No not really, one can always find ways to profit off disasters no matter how terrible.
Instead of whining, complaining, like the wild and insane left wing of the Democrat Party & especially the idiot who posts this website.
Look for the positives. e.g. Heavily invest into
Energy, fertilizer, food & precious metals.
I have and am currently averaging roughly
$1750 an hour profit, per an 8-hr day.
For a small time investor, you still could avg
$17.50 an hour, not a bad way to supplement your income…
This is a moment when whole world is saying – USA, get the fuck out and leave that region, we are better off without you.
Long term I suspect Iran will make clear demand – any country having USA bases in region is paying toll/getting staff bombed including those bases.
Anybody who kicked out USA military is good to go.
I would say Trump is Chin asset in this position but we know it is Israel actually. Regardless those actions just strengthen China nightly.
Just announced- Bondis gone
Dow sub-50K was her shark jump.
Negligent of her to allow such an atrocity
She accomplished nothing
She lied valiantly, but the obvious criminality of her child raping boss was too much to overcome.
Under the bus she goes… bumpity bump!
She kept
a child rapistmany child rapists from facing the musicCan one of you geniuses please explain to me why Trumptard and all the MAGAtards think that it is so great that we blew up Tehran’s largest (and brand new) bride? WTF is wrong with these people?
Was the bridge full of “terror babies“?
WATCH: Trump Posts Video of Iran’s Biggest Bridge Being Destroyed After Threatening to Send Iran “Back to the Stone Ages” – “Much more to follow! IT IS TIME FOR IRAN TO MAKE A DEAL BEFORE IT IS TOO LATE”
They are mentally ill.
‘these are people of the land. the common clay of the new west.’
morons.
They think it is great because they think he will lay waste to their desal, refining, and other energy infra next. And yes, I know that means they are rooting for Trump to commit war crimes. You can’t fix some things.
Rumor has it there were Gazan journalists hiding under the bridge.
Because that was ever always only the goal – to turn Iran into a failed state.
All the talk about “human rights” and “protesters” was so much hot air. Pure sadism and spite was the only real plan.
“Greater Israel” was blood libel until it began
people started pulling up a map of the middle east and started adding 1+1
Turkey isa member of nato. That wont go well for Israel.
What a bunch of idiots.
give the Donald time…
Pure idiocy to provoke and threten the Turkish State.
I wonder what alternate reality this world is headed for.
Bomb them back to the stone age. Curtiss LeMay 1965. North Vietnam still won. Ho Chi Minh said if you press America’s pain point, they’ll go home.
Art Buchwald, actually.
MAGA Kool-Aid tastes like blood…
Even the Israeli’s are not stupid enough to attack Turkey since that would trigger Article 5 of the NATO treaty.
Famous last words on my part probably 😁
Nah. NATO would merely renege on its commitments under pressure from the US. They would never respond to an Israeli attack on Turkey.
zeldin guy , new AG possible
===
funny how things are..
he is kind of jew11ish guy
but i bet money nobody would say what his meaning of name is .
UNLESS YOU KNOW Russian language
======
zeld, or seld, is Russian word for fish ‘herring’ .
there is very famous Russian salad =hearring under coat=
also , there is famous jew11ish food called Forshmak or (Chopped Herring)
======
and there was very famous Russian actor in 20th century, named Vladmir Zeldin
funny how world is interconnected
Your post is about as interesting as a 5hr speech from Comrade Putinov to the Politburo about grain production in the Urals. Yawn.
Have you listened to 5 hours of Putin talking about anything?
Does he sound less or more intelligent, knowledge, and wise than people you vote for?
Bondi is probably heading to Fox News.
Pics of Pam Blondi’s husband wearing fake t*ts….in 3…2…1….
What disturbs me the most about those pics of Noem’s husband is he didn’t even bother to get the balloon nipples straight! If you’re gonna be a dollar store transexual, at LEAST put some effort into it.
Plus I now presume that intelligence agencies (*cough* Mossad *cough*) already knew about this a while ago and had compromised Noem because of it.
Men in South Dakota probably have to drive all the way to Minneapolis to buy good tits.
lol … thanks for the laughs, guys.
Remember when the press embarrassed Anthony Weiner or Michael Jackson (whom I’m not sure did anything other than be nice to kids and be rich and sue-able)?
The good old days…
possible but fox is filled w/ stupid blondes, it is unwatchable
Put it on mute and no captions might help.
… and the blondes need to be jumping on trampolines while they deliver the talking points.
She would need to get even more makeup to cover her brown nose.
Hint, the Trump tattoo is a brown nose.
Not if the viewer is also stupid.
She’ll need some work first… a boob job at the very least.
well who is next??
that Hawaii women tulsi?
moronic minster of offense?
OR Patel, fbi chief.?
=======
my money on Patel! hi is dumb as bag of rocks.
went to Italy, on gov dime, celebrate hockey gold medal . INDIAN GUY!!!!
i bet 100$ he never played game in his whole life
JESUS!!
I miss Kamala’s word salad. It was so entertaining to anticipate her next cackle.That was a woman that could say something of nothing.
I miss a stable juggernaut economy under Biden. I miss stable peaceful times. But I’m still finding a way to profit.
From all the posts you’ve made about gushing profits due to the volatility I’d assume you much prefer things as they are now to stable times.
Are you saying profits are down?
No, profits are up under Trump and it’s great to for me if I’m honest but I acknowledge that there are people all over the world suffering because of Trump.
And the long term outcome of Trump policies will be a global recession or global depression.
Don’t take my word for it, listen to Trump tell you who runs the economy better.
https://www.youtube.com/watch?v=rRndMiVIB-w
When you brag about money you sound as obnoxious as Trump. Please show some class and don’t speak publicly about your money…or your silly “exit strategy”.
I’ll speak however I want thank you very much. Now if you’ll excuse me, I got some profits to make.
Clearly you’re a MAGA clown trying to control what everyone says or does, not on my watch!
Being MAGA and MAHA is currently thankless. Show no compassion. Empathy is weakness.
Yes stable Democrat fraud under out to lunch autopen Biden was a wonderful time blowing up inflatioin and the housing market –Times were only getting better for the illegal voter base of the Democrat traitor party members. Iran would have a nuclear bomb by now and soon a missle to pop your home town
I would rather listen to a cackle than more lies and more stupidity.
Unlike trumps incoherent lies and self aggrandizement Harris made sense and was well spoken. Heck, in the presidential debate she had trump babbling about immigrants eating peoples pets within a few minutes and trump refused to debate her again.
Harris ate trump alive and would have been a far better president.
This coming from a former republican…
I absolutely cannot listen to his whiny singsong. I have to read transcripts.
Frosty what world do you live in? Delusional concepts?Kamala could put but one phrase together :“Unburdened by what has been” OOO so smart and means nothing even to her as she never gave an example for action
“Bomb Them Back to the Stone Age”
This would undoubtedly be a war crime, punishable by a Nuremberg-style trial. The military personnel who carried this out must bear this in mind. Is it certain they would always be safe?
Presidential pardons don’t work there…
The crime is unimportant, prosecution is!
Look at Bondi, the DOJ and congress protecting the Epstein Pedophiles.
LNG, Helium, and Oil are not producible by a Stone Age country.
Whoops.
“ Is it certain they would always be safe?”
Yes. Law is meaningless. Enforcement is the only thing that matters.
Ok, time for a “I told you so” moment. A week or so ago I said Trump was ‘bheind in Cabinet turnover and he ought to get on with Bondi too’. Today it is Bondi.
But his attempt at reputational rehab won’t work as we’ve come to no the [Insane] Apex Preditor is Trump himself.
as said in nice book = cant tell until you bet =
do you know what book is?
blonde is gone
SORRY ORANGE CLOWN. you wont fool us!
======
we know WHO STOPPED PUBLISHING PAPERS
and remeber how USA CONGRESS WENT VACATION DAYS EARLIER
and you accused massie being traitor!!!!!! for co-sponsoring Epstein papers law
alx
Israel and their American concubine started this War for dubious reasons and have now caused major destruction in Iran. Since no reliable negotiations are probably ever coming from the Instigators it looks like Iran will be forced to toll many other Nations using the Straight until Iran recovers the losses that America and Israel have caused and will probably keep causing. Can the World Community ever get their toll money paid back —from the rogue Western Nations— who stupidly started the War?
=concubine
please no complex words. :))
So 22% of Iraq’s oil is usually shipped thru the Straight and now will go thru the Tehran Tollbooth. But 100% of Iraqi oil revenues first go thru the NY Federal Reserve Bank Tollbooth.
Revenues now coming to China in Yuan—No more Yankee Bank grab.
https://thedeepdive.ca/yuan-not-dollars-irans-hormuz-toll-booth-picks-its-currency/
MORE: Now Bahrain is pushing for a UN Security Council vote on a Hormuz resolution by Friday. Three Hormuz headlines in 30 minutes. Oman protocol. Tolls. UN vote. Something is moving behind the scenes. This feels like the beginning of an endgame for the strait.
===
drama queen. esp about that feeling.
this Hormuz letter guy is obv. long stocks/oil!
need to find out HIS WHEREABOUTS.
Why do you say it was a flop? Netanyahu and MBS will be happy, Epstein will stay out of the news and Trump will continue to live The Good Life.
As for everyone else, why should he care?
Trump should make his next speech from the deck of the USS Gerald Ford. While he is stone aging have a Mission Accomplished banner unroll behind him with a picture of Epstein, with Trump knee-deep in overflowing toilet crap.
Breaking: Pam Bondi fired!
The DOW is NOT at 50,000!
Pam Blondi, less than useless
Bastet knows I detest Trump, but this is cunning. Give the masses something meaningless to talk about that isn’t Iran or Epstein. Replace Bondi with some other incompetent sycophant who can recite brainless Trump talking points and hurl stupid insults.
All well and good, but permanent restraint of the US and Israel will be a key part of any deal.
Is that possible? When the US and Israel have proven to be such untrustworthy negotiators?
Even if Trump were gone, the US is no longer trustworthy, especially in administration changeovers.
get rid of militar. bases is good.
Does this guy even have a clue at this point?
(I’m talking about Trump BTW)
I noticed von der Leyen claims it’s Iran’s actions causing the problem. Typical politician. At least she doesn’t support the bomb squad.
The european political class has no priority other than the War On Russia, namely, getting the United States to fight that war for them.
she is stupid one
she is not even elected
some bureaucrat voted in by others
Representative democracy, as a practical matter, is basically an exercise in passing the buck, in avoiding responsibility. Everyone in power claims to answer to and derive their authority from someone else, going ultimately back to “the people” who themselves do not directly exercise power, and who would find it difficult to exercise as a collective action problem, even if they had the formal authority to do so.
The technical term for this is a “beard”. That is, a cover for the rulers to do what they want, even though the rulers themselves and their respective polices all may be wildly unpopular. After all, your elected representatives approved this. If you don’t like it, you can vote for a different carefully vetted corporate imperialist muppet, so until then, shut up and fall in line!
What this means is that real power is often in the hands of unelected bureaucrats, who typically don’t even want to stand for election because they don’t want the voters to know what their programs are, much less to exercise any oversight. Robert Moses is the classic example here (although I understand he did run for office – once).
Even that minimal level of scrutiny is too much for some, and real power is often exercised by people not formally part of any government structure. Corporate lobbyists, Miriam Adelson, or Robert Kagan come to mind.
Elon top of the list.
Is that ridiculous post supposed to win votes? No. And its not presidential either.
But it IS funny. He’s got a career in professional comedy hating if that whole billionaire casino robbery thing doesn’t work out.
“Hey, let’s have a war with Turkey. Why not?”
That may not be a good idea, ask the Greeks and Armenians about it.
Population: 86 million. Armed Services Personnel: 480,000.
https://en.wikipedia.org/wiki/Turkish_Armed_Forces
=ask the Greeks and Armenians about it.
why them?
Russia fought Turkey whole 18 century! sea and land
Turkey was USA kind of force , 200 years ago in Europe
As Trump shows so much happens over money (Scaramuchi – sp? says “that’s all for Trump”) that let’s see who may be nefarious. I’m sure it’s worse than we would like.
The Hormuz Letter
@HormuzLetter
·
8m
BREAKING: Iran’s parliament speaker Ghalibaf is threatening to name the bankers and hedge funds he says pushed Washington into the war.
‘We followed the money. Last week, a handful of bankers and hedge funds met, decided to hold Washington’s Iran war policy hostage, then launched a campaign.’
Meanwhile Brevan Howard is evacuating staff from Abu Dhabi and ships are just now starting to pass through Hormuz under Iranian terms. The people who wanted this war are leaving. Iran is taking names.
And yes, nice cartoon!
Higher oil prices are assured by paying tolls to Iran to cross Hormuz.
I guess Trump shouldn’t have started a war there. Oh well, YOU will pay the price with higher inflation. I hope you don’t drive around in a thirsty F-150.
Nope, those are transit costs, not oil costs because obviously oil pumped in the US is not paying tolls to Iran.
So anyone getting oil via the strait is going to pay more but everyone else won’t.
Global market. Oil will get shipped where it can make the most profit for corps. Us oil will be higher.
In the 70s the carter adim and congress passed laws againt exporting us oil.
The came the lies/
1Drill baby drill for american energy independence.
2fracking for american energy independence. Glut of nat gas prices dropped. Money went to congress. congress changed export laws shipping to eu.
think energy is expensive now wait till the new lng port upgrades happen
Higher cost for oil out of the me just means us oil corps can charge more because there is less competition.
But i defer to papa dave. .
Nope. Oil prices do not have transit costs built into the price.
In other words if Oil is 75 / barrel, Japan’s cost is slightly higher because it has to pay to ship that oil from the middle east to Japan.. That’s a different cost than the shipping cost for using a pipeline in Texas to move Oil to US refineries.
It’s no different than toll roads in the US. If you don’t drive on the toll road you don’t pay the toll. But whether or not you take the toll road the gas price at the pump is the same.
This suggests that US producers would prefer to sell at a price below market clearing prices. If the price of middle eastern crude is X+t (toll), and price of exported US sourced oil is less than X+t but more than X, somehow the US producers will ignore profit delta between X* (Us sourced) and x+t. Not bloody likely.
What are you talking about.
Prices for oil are X world wide. Each country then pays ‘s’ which is the shipping cost. For Japan that’s a large value since it has to be shipped by boat from the middle east. For the US ‘s’ is small since it’s by pipeline often only a couple hundred miles. Now Japans ‘s’ cost will be ‘s+t’. But that has NOTHING to do with X which is the oil price and it’s impossible for US producers to get more than that.
Instant 3-star Mishelin award for that amazing cartoon, where did it come from?
As for opening the Straits, perhaps all it takes is a simple question to Iran: What do you want?
I nearly always credit sources. I clipped that image without recording the source.
I will see if I can find it.
Maybe the Instagram account of Tony Michaels? (thetonymichaels)