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 198 points 2 days 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 28 points 2 days ago

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

[–] blattrules@lemmy.world 105 points 2 days ago (2 children)

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

[–] krisevol@lemmy.zip 57 points 2 days ago

Art of the deal

[–] ShaggySnacks@lemmy.myserv.one 10 points 2 days ago

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

[–] NONE_dc@lemmy.world 129 points 2 days 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 28 points 2 days ago (7 children)

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

[–] limer@lemmy.ml 29 points 2 days ago (3 children)

Japan only attacked the USA in 1941 because of an oil embargo by the USA

[–] LincolnsDogFido@lemmy.zip 18 points 2 days ago

I mean, yeah, but also they were allied with Nazi Germany and fascist Italy at the time. And pursuing their own expansionist ambitions in the Eastern hemisphere.

[–] shani66@ani.social 15 points 2 days ago (5 children)

So japan could do the funniest thing rn

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[–] Denvil@lemmy.ml 7 points 2 days ago (1 children)

They didn't even tell us they were going to

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[–] Localhorst86@feddit.org 118 points 2 days ago (1 children)

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

[–] Atelopus-zeteki@fedia.io 63 points 2 days 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.

[–] BarneyPiccolo@lemmy.today 22 points 1 day ago

Oh, sure, this will bring down gas prices.

[–] Zahille7@lemmy.world 44 points 2 days ago* (last edited 1 day ago) (5 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."

[–] Malyca@lemmy.zip 1 points 23 hours ago

He just wanted a cut from Iran's tolls

[–] CaptainSpaceman@lemmy.world 14 points 2 days ago (1 children)

Its mostly to jack up oil.

Trump is owned by Rosneft and OPEC

[–] Bamboodpanda@lemmy.world 12 points 1 day 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.

[–] hansolo@lemmy.today 14 points 2 days 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 2 days 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.

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[–] Lanske@lemmy.world 55 points 2 days ago (1 children)

I hate these Maga Yanks so much.

[–] Lost_My_Mind@lemmy.world 10 points 2 days ago

American here. As do I.

[–] NatakuNox@lemmy.world 34 points 2 days 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.

[–] Sgarcnl@lemmy.world 41 points 2 days ago

He’s playing the stock market again

[–] limonfiesta@lemmy.world 37 points 2 days ago* (last edited 2 days 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?

[–] krisevol@lemmy.zip 18 points 2 days ago (12 children)

Your already witnessing an economic collapse. The US paid more in interest than they made in tax revenue.

This was is the last struggle of a dying world reserve currency. Happens everytime in history. The next step is civil war and spreading the "wealth". Then the final step is getting used to the lower quality of life that we can afford after we raises the "wealth" wasn't real because most people don't understand what wealth is.

The average US household is going to be generational because the spending power of the dollar will be shit compared to the new world reserve currency. The YUAN.

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[–] wonderingwanderer@sopuli.xyz 15 points 2 days ago* (last edited 2 days ago)

Lame-ass copy-cats.

[–] altphoto@lemmy.today 12 points 2 days ago (1 children)

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

[–] Railcar8095@lemmy.world 0 points 1 day ago

Terrible pun.

Blocked

[–] green_red_black@slrpnk.net 17 points 2 days ago (1 children)

This is getting out of hand. Now there are two of them!

(Remember Iran says they have the strait closed as well.)

[–] webp@mander.xyz 10 points 2 days ago

When a mother blockade and a father blockade love each other very much...

[–] fox2263@lemmy.world 15 points 2 days ago (3 children)
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[–] Triumph@fedia.io 18 points 2 days ago

Snip snap snip snap

[–] taiyang@lemmy.world 13 points 2 days ago

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

[–] humanspiral@lemmy.ca 10 points 2 days ago (2 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.

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