this post was submitted on 12 Apr 2026
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"Effective immediately, the ​United States Navy, the Finest in ​the World, will begin the process of BLOCKADING ‌any ⁠and all Ships trying to enter, or leave, the Strait of Hormuz," said Trump

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[–] radix@lemmy.world 190 points 5 months ago (1 children)

In about two days, there will be reports of massive volume of shorts on oil company stocks that occurred in the minutes before the announcement, then another day after that, nobody will talk about it again.

[–] humanspiral@lemmy.ca 27 points 5 months ago

This is good for oil stocks/oil prices going much higher... until TACO.

[–] NONE_dc@lemmy.world 122 points 5 months ago (1 children)

From mediocre incompetents to outright villains.

Are they also going to block the ships that Iran and Japan agreed could pass through, for example? Are they really going to screw over a strategic ally like Japan just for...? You know what? Yeah, they definitely would.

[–] brunox@feddit.cl 27 points 5 months ago (1 children)

maybe Japan shouldn't have surprise attacked them on december 1941.

[–] joostjakob@lemmy.world 1 points 5 months ago (2 children)

That didn't stop both countries from being allies for several decades, why would you bring that up now?

[–] Localhorst86@feddit.org 113 points 5 months ago (1 children)

"You're not blocking the strait of Hormuz, I am. I dont even want your strait, anyways"

[–] Atelopus-zeteki@fedia.io 60 points 5 months ago (1 children)

It's literally high school bully level of pettiness and stupidity. And because it's on a global scale, everyone suffers. smh.

[–] blattrules@lemmy.world 99 points 5 months ago (2 children)

So now instead of zero blockades like we had two months ago, we have two blockades?

[–] ShaggySnacks@lemmy.myserv.one 10 points 5 months ago

2 is better than 0 as 0 is for losers. /s

[–] Lanske@lemmy.world 53 points 5 months ago (1 children)

I hate these Maga Yanks so much.

[–] Lost_My_Mind@lemmy.world 10 points 5 months ago

American here. As do I.

[–] Zahille7@lemmy.world 42 points 5 months ago* (last edited 5 months ago) (4 children)

I'm a little surprised everyone is mostly agreeing that he's doing this because he's stupid. I mean yes, he's a fucking idiot, but someone told him to start a blockade. And as we all know from the first one a week ago, it's only gonna jack up prices on literally everything even more than they are right now.

It's all a plan by the billionaire class that openly runs our country now to keep inflating prices so consumers don't have anything.

Edit: like c/BamboodPanda said, "Oil determines the price of shipping. Shipping determines the price of everything. They want to jack up everything."

[–] hansolo@lemmy.today 14 points 5 months ago (2 children)

100% this. He didn't come up with a solution to "open the strait!" as "don't use the strait!" So it's still closed? Because of feels? OK, but it being closed because you said so means it's still fucking closed.

Who benefits from this long term? Other than just "people who just bought oil at $98 on Monday"?

[–] ShaggySnacks@lemmy.myserv.one 4 points 5 months ago

My theory is Lumpty Trumpty and the other looters are going to let the price of oil go up before announcing some sort of deal or removal of the blockade. Oil prices start to come down.

Anyone in on the looting gets to rake in the short bets on oil. It's the opposite of a pump and dump scheme.

[–] CaptainSpaceman@lemmy.world 14 points 5 months ago (1 children)

Its mostly to jack up oil.

Trump is owned by Rosneft and OPEC

[–] Bamboodpanda@lemmy.world 12 points 5 months ago

Oil determines the price of shipping. Shipping determines the price of everything. They want to jack up everything.

They loved the prices they found gouge after the pandemic and want to see how far they can push society.

[–] the_mighty_kracken@lemmy.world 5 points 5 months ago (1 children)

Brilliant plan to reduce their own income.

[–] Malyca@lemmy.zip 1 points 5 months ago

He just wanted a cut from Iran's tolls

[–] Sgarcnl@lemmy.world 42 points 5 months ago

He’s playing the stock market again

[–] limonfiesta@lemmy.world 36 points 5 months ago* (last edited 5 months ago) (1 children)

Can't wait for the USN to start blowing up Chinese tankers and cargo ships.

Or seizing SK and Japanese vessels for that matter.

Are we going to prevent our most Asian important allies from receiving energy supplies that could prevent, or at least significantly delay, their complete economic collapse?

[–] NatakuNox@lemmy.world 31 points 5 months ago

Lol so let me get this straight. We went from a completely open and free strait, to a closed one, to one ran and toll, to a double blocked strait. We are up 200% blockage. Art of the deal.

Also Trump is going to starve out all of the middle east and Asia? He'll be tacoing here soon. Otherwise WW3 is guaranteed because China and Russia are preparing to have their forces escort their materials through because Iran doesn't have beef with them.

[–] BarneyPiccolo@lemmy.today 21 points 5 months ago

Oh, sure, this will bring down gas prices.

[–] Triumph@fedia.io 18 points 5 months ago

Snip snap snip snap

[–] fox2263@lemmy.world 15 points 5 months ago (2 children)
[–] homesweethomeMrL@lemmy.world 5 points 5 months ago

Owah brockade is a-perfectry regrow

[–] Lushed_Lungfish@lemmy.ca 2 points 5 months ago (1 children)

A communications disruption can only mean one thing...

[–] fox2263@lemmy.world 2 points 5 months ago
[–] taiyang@lemmy.world 13 points 5 months ago

He saw then charging a toll and wanted to also charge a toll.

[–] wonderingwanderer@sopuli.xyz 13 points 5 months ago* (last edited 5 months ago)

Lame-ass copycats.

[–] altphoto@lemmy.today 11 points 5 months ago (1 children)

So let me get this straight... Of Hormuz.

[–] Railcar8095@lemmy.world 2 points 5 months ago

Terrible pun.

Blocked

[–] humanspiral@lemmy.ca 9 points 5 months ago (1 children)

I'd hope global reaction will be anger against US. If Israel had paused its genocide of Lebanon, 20 ships/day would have flowed out of SoH. Now it will be 0. Trump just threated NATO and other allied flag ships.

Way out is for world to negotiate with Iran to pay equivalent revenue to tolls in order to have SoH fully open. World paying instead of US/Israel, if world is too timid to show anger to US.

[–] phoenixz@lemmy.ca 6 points 5 months ago

So now they went from the bad guy to the worse guy in this conflict. Because of course

[–] WorldsDumbestMan@lemmy.today 1 points 5 months ago

I wonder if NATO will interfere now, and start an invasion against THE USA.

Lmao.

[–] Bloomcole@lemmy.world 0 points 5 months ago

But why would they need to since according to the very true reports by CENTCOM their destroyers passed the Straight and back unchallenged.