The US has bombed Fordo and other nuclear sites in Iran; Hormuz
Donald Trump says the US has completed strikes on three nuclear sites in Iran,
including Fordo, Natanz and Esfahan.
All planes are now outside of Iran air space," he wrote on Truth Social.
Fareed Zakaria reacts to US striking nuclear sites in Iran
Will Iran Attempt to Block the Strait of Hormuz?
As the U.S. began striking Iran’s nuclear facilities, tanker owners and the oil market are on edge to see if Iran follows through with threats to disrupt shipping at the Strait of Hormuz.
The strait is shared between Iran in the north and Oman in the south handles around a quarter of the world’s oil trade
Wall Street Journal 22 June 2025
What If Iran Tries to Close the Strait of Hormuz?
Closing the Strait of Hormuz would quickly hit Iran’s own economy as it would prevent it from exporting its petroleum.
And it would antagonize China, the biggest buyer of Iranian oil and a critical partner that’s used its veto power at the UN Security Council to shield Iran from Western-led sanctions or resolutions.
The price of oil settled slightly at around $77 per barrel on Friday after Mr Trump vowed to give Iran two weeks to come to the negotiating table – prompting traders to assume there would be no immediate military action.
Analysts now expect the price to surge higher on Monday as the market’s “risk barometer” goes up, with the threat of $100 per barrel or more.
If Tehran tries to block shipments out of the Strait of Hormuz, it will also hurt the exports of Saudi Arabia, Kuwait, Bahrain, Qatar and the United Arab Emirates.
Iran threatens to block Strait of Hormuz oil route
BBC 28 December 2011
plus ça change, plus c'est la même chose
The market is waiting to see how Iran responds, with some analysts predicting a possible price surge to $100 a barrel if Iran targets regional American interests, while others expect prices to rise to $80-$90 a barrel range.
Bloomberg 21 June 2025
Dagens Industri 20 juni: Trots risken för storkrig i Mellanöstern och tullar som sänker global tillväxt står Wall Street helt opåverkad.
Finansmarknaderna tycks leva i en politisk förnekelse, men snart hinner verkligheten i kapp.
Mot denna bakgrund tycks investerarna på Wall Street leva i total förnekelse.
Vårens stora börsnedgångar har återhämtats och de ledande börsindexen Dow Jones, S&P 500 och Nasdaq har i år gått minus 1 procent, plus 1,3 procent respektive plus 0,5 procent.
Att varningsklockorna i omvärlden inte hörsammas kan med välvilja tolkas som det är lite för mycket just nu.
RE 20 juni: Precis. De flesta med titlar som Global Strategy Analyst gräver ner sig i decimalerna från de senaste siffrorna om inflation, konsumtion och sysselsättning. Detta för att spekulera om huruvida, och när, Fed kommer att sänka räntan, eller höja den.
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