Satellite images show a "Swarm" of Iranian military fast attack boats in the Strait of Hormuz.
More than 30 fast boats of the Iran Revolutionary Guard Corps (IRGC) were seen in this single image.
Iran's 3,000km long coastline means preventing the launch or eliminating these craft is essentially impossible.
It is believed that some or all of those boats carried "at least one sea mine" and that the Strait of Hormuz may now be completely mined.
Naval Experts tell The Hal Turner Radio Show "It will take at least 6 months to clear the mines."
Hal Turner Snap Analysis
There's no nice way to say this: China is absolutely fucked.
China gets about 40% of its oil from the Gulf.
The Russians provide the majority, but they cannot provide enough, fast enough, to fill the shortage.
5% came from Venezuela. That has stopped.
The US got 8% of its oil via the Persian Gulf. That crude was refined in California (PADD5). California will be hurting.
But the 8% of total US Persian Gulf imports WILL be replaced by Venezuelan oil. China has no such option anymore.
What China does have is stockpiles, that they must now tap into. Once those dry up, China will not have anyway of making up for the shortfall.
China knows this. And, like Imperial Japan in 1941, when the US Sanctioned oil and prevented Japan from getting oil, Japan ATTACKED the United States.
Now, we've just accomplished ostensibly a similar cut-off for a BIG portion of China's oil. Will China now do to the US, what Japan did? Attack us?
Oil cost will drain the Chinese economy if they attempt to buy the oil from the USA or Canada. They will be bidding against Europe for Russian crude, Japan, Philippines, S. Korea, and Taiwan, for US/Canadian crude if available for sale.
A bidding war will tank China. And enrich the USA. The USA is the world's largest oil producer. Unless China decides to blow the living shit out of our West Coast (or more) to prevent us from interfering with their oil.
