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British Oil Tankers, Iran, and Oil Flow, Our Views

British Oil Tankers, Iran, and Oil Flow, Our Views

Iranian fast boats are now approaching British tankers to harass and disrupt them, according to US officials. According to US officials, near the northern entrance of the Strait of Hormuz, the ship British Heritage was involved in an incident. Sources are now saying that ships are being harassed on a regular basis – and Tehran has promised to take control of a UK ship as recently as one week ago. Five fast boats believed to be owned by the Revolutionary Guard approached the British ship but soon turned away after strong warnings from the tanker. This incident happened exactly a week after British special forces – Royal Marines – intercepted a tanker registered under an Iranian flag.

Tehran continues to launch threats on the British. Iran shot down a drone near the Strait of Hormuz last month prompting President Trump to order a retaliatory air strike which he cancelled at the last moment, citing estimations that 150 Iranian soldiers would be killed in such a strike. Early Wednesday, Iranian President Hassan Rouhani said that Britain would face “consequences” over the seizure of the Iranian oil tanker.

Our View: The US and her allies will only disrupt Iran, and its ability to run an efficient economy. These US, UK actions are enacted to restrict Iran and shut down its economy while at the same time, will disrupt the Oil flow to China – China now gets over 70% of its oil from the Middle East, and disruption is very likely going to damage the economy in China. which is already slowing down/ 

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