US Edition"And the Stones Are Known to Me in the Ormuz strämtorea." What Worries Him About the Former Vas Commander Traian Basescu, After Iran's Attack
9 Articles
9 Articles
At the invitation to Digi24, former President Traian Básescu was asked if, as a bus captain, he had ever been in the Ormuz Stream and believed that it would be economic consequences following their blockade.
Iran has largely blocked the Strait of Hormus – the price of oil is rising, gas is rising by almost 50 percent for a short time. The consequences for the world economy could be serious, as well as for consumers.
Iran is blocking Hormus, shipping companies are stopping tankers that are under fire. What this means for oil and fuel prices – and how car drivers now save.
A 55-kilometre narrow strait gets into the perspective of the global economy. Iran could permanently block Hormus's road – thus burdening companies worldwide and causing stock exchanges to crash. However, the regime in Tehran is in a dilemma.
Traian Basescu says that blocking Ormuz Streams and closing up major oil facilities in Saudi Arabia can cause significant spills on oil and fuel.
Explosive location on the Persian Gulf: Does a blockade of the Strait of Hormus threaten – and what is at stake for Europe? The article Street of Hormus: How real is the scenario of a blocking? appeared first on ingenieur.de - Jobbörse und Nachrichtsportal für Ingenieure.
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