Total Shutdown - Joe Blogs

[TexasTowelie]

In today’s video, we look at a major escalation in the Iran conflict that could have serious consequences for the global economy.

Following the breakdown of negotiations, the United States has announced plans to blockade the Strait of Hormuz — one of the most important shipping routes in the world. This move is designed to cut off Iran’s oil and gas exports, but it also risks disrupting up to 20% of global oil supply.

Markets have reacted immediately, with oil prices surging back above $100 per barrel — the highest level since 2022 — and global stocks coming under pressure. But this isn’t being driven by strong demand. This is a supply shock caused by geopolitical tensions, and that’s what makes it so dangerous.

In this video, I explain:

• What the US blockade actually means
• Why the Strait of Hormuz is so critical to the global economy
• The immediate impact on oil prices and financial markets
• The risk of escalation, including potential attacks on ships and US naval vessels
• How this could push inflation higher and slow global growth
• Why this could be a turning point for the rest of 2026

We’re now at a very fragile moment. If tensions escalate further, this could have long-lasting consequences not just for the Middle East, but for economies around the world.

[Warpy]

1. The legality of Fatso's blockade is going to end up in the maritime courts at light speed

Traditionally, the Strait of Hormuz has been international waters, meaning any blockde is illegal. The court has dragged its feet about this because there is no way to address Iran's claim that the Strait is now part of their territorial waters without causing a bigger stink and widening an already extremely dangerous war. Thanks a lot, Fatso.

However, should the court wimp out and recognize Iran's seizure of this waterway as legal, the blockade becomes a more legitimate tactic of war and Iran becomes well and truly fucked.

So this is going to hit the courts and they're most likely to rule Iran's seizue of the Srait is illegal. IUt then becomes incumbent on everyone who uses the Strait to deal with Iran. Whether they will or not is moot.

Iran can't have it both ways, claiming the Strait is part of their territory while claiming a blockade is illegal because it's international waters. How it all plays out is the big question.

Fatso had one job, keep us out of another world war. It looks like he started one, instead. Because the Pentagon has been so slow to react to step up production of what we already use while starting a rapid development of a drone program with drones of various sizes and types.