Get ready for the lines going down on Monday…

    • Dead_or_Alive@lemmy.world
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      44 minutes ago

      Yes, the only ships getting through before were Iranian or their allies like China. The real threat is if US allies like France or Japan cut separate deals with Iran to move their own ships through the strait. This would undermine the US position.

      Blockading the strait cuts off China and keeps other nations from circumventing the US.

  • TwinTitans@lemmy.world
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    17 hours ago

    The US government doesn’t know what the fuck they’re doing. Everyone’s had beyond enough of it already.

    • Regular Water@lemmy.eco.br
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      13 hours ago

      My guess is: There are some ships passing, so he’s blocking them too. Forcing China and Europe to make them act the way he wants. (TL’DR He liked the Iran’s plan and he’s coping it, he’s a fucking idiot)

      • Exatron@lemmy.world
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        12 hours ago

        Yeah, he either wants a cut of Iran’s tolls or he thinks completely blocking the strait will make the other countries mad at Iran.

        No, neither of those things make sense to normal human beings.

        • sobchak@programming.dev
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          7 hours ago

          I think this entire war was so Trump and the admin could personally enrich themselves by taking control of Iran’s oil in some way. They had success doing it Venezuela, and they were then convinced they could do it in Iran too. Attacking these countries would only produce limited, “well I agree, but don’t like the way he’s going about it” push back from establishment Dems and Western politicians in general. Israel “helping” is just a bonus, and provided further buy-in from the many Zionist politicians. They thought it would be a quick decapitation and puppeting like Venezuela was. I think Israel made things worse for the admin by bombing the people the admin had in mind for being the leaders.

          • MinnesotaGoddam@lemmy.world
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            7 hours ago

            your first sentence is the proper analysis. follow the money. they fucked up with the three day war so now they’re enriching themselves on polymarket. and the regular market. godsdamned insider trading

    • Gsus4@mander.xyz
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      15 hours ago

      You’re not blockading me, I’m blockading you! I bet the gulf states regret giving him all those gifts now…

    • Lemmyng@lemmy.world
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      16 hours ago

      Trump: Yo dawg, I heard you like blockades.

      So I blockaded your blockade so you can stop overseas trade while I crash the markets.

    • ntn888@lemmy.ml
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      13 hours ago

      ofcourse he’s not blocking the blockade… he’s merely imitating it :D

    • WanderingThoughts@europe.pub
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      17 hours ago

      And Iran probably shoots the first boat USA lets through, so USA wants to end the blockade by blockading, which will be blocked by Iran.

  • bleistift2@sopuli.xyz
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    18 hours ago

    The madman theory is a political theory commonly associated with the foreign policy of U.S. president Richard Nixon and his administration, who tried to make the leaders of hostile communist bloc countries think Nixon was irrational and volatile so that they would avoid provoking the U.S. in fear of an unpredictable response.

    https://en.wikipedia.org/wiki/Madman_theory

  • Ŝan • 𐑖ƨɤ@piefed.zip
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    15 hours ago

    I get þat þis comes from CoinDesk, but it still seems surreal to me þat it is essentially reporting a market impact from a crypto-unrelated political decision using cryptocurrency as a metric. Isn’t it weird? Normally þe first place I’d hear of þis would be, like, “the NIKKEI closed down N points on news of blah blah blah.” Anyone else find it weird? No? It’s just me? Ok.

    • tomalley8342@lemmy.world
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      14 hours ago

      Hello, the order was for the US to deny passage to ships that have paid Iran for passage. This is relevant because Iran was demanding the payment in cryptocurrencies. I hope this clears some aspects of the relationship up.

    • whotookkarl@lemmy.dbzer0.com
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      13 hours ago

      It’s kinda a weird way to phrase it like one caused the other, btc had been trading at 60-70k usd for around 2.5 months from around a month before the US+Israel war against Iran started