UK to host talks with 35 countries on reopening Strait of Hormuz, US absent

I mean, Republicans visited Putin on literally July 4th, all anyone would have needed to know...

I would love to see the US split up, then I could start considering the sane part of your country friends and allies again. Until that happens, or America gets its act together for 2 or 3 decades in a row, us Canadians will definitely be treating you like any other dangerous superpower (China, India, etc.)

That's because the Russia-aligned interests in Britain (Farage and Corbyn) are currently powerless.

They'd just call the Peace prize woke and complain that Starmer isn't personally harpooning boats crossing the channel.

I would love that so much

Wouldn't come close to GB news

You ain't thinking bigly enough: I say, let's give the Nobel Peace prize to the world population for their unrelenting resilience, bravery and optimism in the face of apparently overwhelming challenges (war, climate change, economic crisis after crises) - that is, the whole world EXCEPT one Donald J. Trump.

Or, global replacement of the petro-dollar and accepting a 2% toll per shipment to Iran. Turning Iran into a global economic power. US losses and the world moves on without them.

Grab them by the petrochemicals?

Trump: You guys weren't supposed to make deals. That's my thing. The deal.

It is his fault, but not really his problem. The guy is a f****** a****** and so are an awful lot of Americans. Time for europe to go it alone.

Iran has already said they want to basically turn it into a toll route. Want to go through the strait? It's going to cost you. I expect we'll see something along those lines.

>*We stepped on the rake and are mad no one else wants to step on the rake* I love this analogy

That has a much nicer ring to it.

"So, about the history of British Petroleum in Iran...." - Iran, probably.

Try sanctioning the whole world, see how that works for you. Buuuuut, russia is a big trading partner with iran, and he is doing his best to make russia great again.

America?

Canada is listed as one of the 35

Not just that, the whole balance of power will slowly shift. Not tomorrow but maybe in coming years. Trump has done more damage to the US than any so-called enemies of murica.

Basically, also project 2025 really wants de-dollarization to happen so it is on Trump's Bingo card. Oil trading in the Yuan, or some other currency is going to cause the value of the dollar to decline which is going to further push inflation.

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We have been incredibly lucky that America didn't sink into autocracy for as long as it did given how easy it did happen under Trump. They have always been only one election away from this happening because the US has previously been operating under the "good chap" theory - which a lot of western countries also do. But America's political system seems much easier for a cult of personality to thrive. The US government has either had politicians in charge that do adhere to rules and precedent (even if is half-assed), and politicians who don't but at least put up the facade that they do. Trump exploited that. He knew enough people supported him that anything he did wouldn't put much of a dent on his momentum; but he also knew that the US justice system wouldn't actually do anything to him. He doesn't pretend to hold himself to any standard - he just does and says whatever he wants and there is nobody left in the republican party to at least tell him "hey, maybe that's not such a good idea sir". You say it is "short term noise", but it's not. The chances of America having a free and fair election have drastically shot down now that ICE are Trump's hired thugs who can and will use voting suppression tactics come the mid-terms; and he is attacking mail in ballots now. Even when Trump dies - there will be plenty of people to step in to try and replicate his success; and god knows what happens if it's someone worse than Trump who is actually intelligent about it. The point is that unless there are some serious political reforms in the US if/when democrats take power again it's always going to be "in one election it can happen again" - even if you were to elect Obama to third term at this point. And that's the true damage of Trump's second term. The world is gearing up to move on in a world where the US is no longer the big boy at the table. A full shift doesn't happen overnight, but Trump is somehow ensuring it happens as fast as possible. A lot of countries the US has historically been allied with have shown him nothing but the respect he demands for the past year - and somehow it still wasn't good enough for him. He has threatened the sovereignty of his neighbors, trash talked Europe again and again and again, and now he has rattled the world economy by bombing another country he didn't need to bomb; then proceeded to spread misinformation and play the victim by claiming the US was always there for NATO, but NATO was never there for the US. Like are you f****** kidding me? Combine that with his authoritarian nature domestically? No. There is no easy road back to the way things were. That line has been crossed. If it wasn't before Iran, it certainly is during and after Iran.

Well, sounds like euro then. And the trust in the US is damaged long-term. Even if a Democrat wins, we still need to address that the current war is not that different from wars the Democratic Party was also involved in, Epstein files are still there and were blocked from publishing by Democrats, and also a new Trump can come anytime. The EU has a lot better reputation.

> Right now, the only serious alternative is the euro, not the Chinese yuan. That presupposes that it needs to be a single currency. Why does it? Each country could sell or buy in their own currencies. A lot of trade happens that way, including in oil with the likes of Russia. > As for the current political climate in the U.S., yeah, it’s messy. But geopolitically, it’s short-term noise. Three years feels long domestically, but on the global stage that’s nothing. But will it end after 3 years? Let's say the next POTUS is a sane person. But what happens after another 4 years, do we again throw the dice? What happens another 4 years after that? The American voter has shown twice that they're willing to vote for Trump. And one of those times was after he carried out an insurrection. The American Congress has shown that they will happily allow a psychopathic POTUS to do whatever he wants, including brazenly breaking the law. Framing this as "noise" assumes that the problem resides in Trump personally, when in fact he's merely showing the massive structural flaws of the system. And an international order that revolves around the US automatically inherits those same structural flaws. Which is why it would be a massive mistake for other countries to go back to business as usual after 3 years. And it's also why it would be a mistake for them to replace the US with China and start revolving around them. Because that again guarantees a Chinese Trump in a few decades; much sooner in fact because that system has fewer checks and balances. > Major structural shifts like replacing the dollar in global energy markets don’t happen based on one administration. It's not because of one admin, but the fact that the petrodollar is based on a deal that the US will protect the ME. With Trump explicitly reneging on his part of the bargain, other countries have no reason to continue holding up their end.

I don't think you fully appreciate the disdain for the US in many of the countries that has been building since Trump's first term and exploded during this one. There is an overwhelming amount of noise to distance ourselves from the US not only when it comes to oil but all trade, security, the lot. The Republican party is not going to return to what it was once Trump is out either, and the American public have proved we can't trust them to vote in sensible people.

Unless something insane happens, I don't see European armies fighting Saudi Arabia's wars for them. (Or any other petrostate for that matter)

Not to d******* Iranian strategy here, but it’s not hard to win a chess match against a toddler that just shit himself 

I can see the US just bombing the strait by sheer jelousy that they are being left out of the deal lol

U.S. doesn’t use the strait. It keeps prices higher for the U.S. because it’s based off the price of the oil internationally. Once the international oil prices are controlled for the countries that use the Strait, it will bring down the cost for the U.S.

The U.S. doesn’t get much oil from this area of the world. It won’t really affect the U.S. that much. Bahrain, UAE, Kuwait, etc. mostly export to Asian markets. China, SK, Japan, India, Singapore, etc.

With Europe only obtaining 4% of their energy through the strait and each ship carrying many millions worth of cargo, 2 million a pop is nothing.

Trump nether needs nor cares about a carte blanche. He operates on the principle of might is right. So if he thinks he can do it, he will, carte blanche or no.

Starter could fix all your problems and UK would still be unhappy with him.

He’s been good on the domestic front given how shit a state he was given 

Where specifically has Starmer been useless domestically?

So what was the point of all this

The USA needs everyone to continue using dollars to buy oil though 

But we utilize the products and byproducts that pass through the straight. It does not matter if we ship anything through there if we buy and use the products that others do ship through there, e.g. helium, fertilizer, plastics (oil), etc.

If that's true and the strait does not matter to the USA why has gas all over the USA risen so much?

Not for nothin, but orangutans are violent creatures, just a bit more predictable than chimps

>Also the USA is not "sitting this one out", we are excluding them. They were not invited.  This is an extremely important distinction. They are not choosing not to participate, they were intentionally not included in this gathering. US soft power is eroding away by the minute right now.

Mate, way to subtle for these cunts from the US. Let me try. You US cunts are cooked. You fucked up all your soft power and yes we will be able to do a deal because you fuckers are done on the international stage. Sit down and be the stupid cunts that you have always been. Your time in the sun is done, your as special as my shit and f*** off and just stay in your place. Talking is always better then killing people, and if you guys could get that through your thick f****** heads, maybe just maybe you would have less school shootings. F*** me you guys have become a f****** joke on every level, so do the rest of the world a favour and just stay in you fucked up "best cuntrey in the world" and stay the f*** out of the rest of the world's affairs for the rest of time, for the benefit of you know the majority of the population on earth. Sit in your shit hole and just pretend like the US is the world so the rest of us can move on and not deal with your shit.

Oh, the U.S is *never* going to live this down. Not only did they fail to bomb Iran into surrender, but they failed to secure or destroy Iran's nuclear weapon capabilities, and they actually woke Iran up to the chokehold it has over international shipping and the Middle East at large. That's a mountain-sized pile of clusterfuck for the world to deal with, now.

And the Israelis will be pissed about that since the IRGC is still getting money and will likely resume bombing intermittently, complicating the situation

Isn't this the plan? Secure venezuela supply. Deny the world the strait, impose complications. Israel offers pipelines through itself Usa offers to sell its oil. Russia regains demand. Solid plan

You have failed to take into consideration the potential to make money. Private companies will be competing to rebuild the destroyed infrastructure, pump the oil and ship it as quickly as possible. It will not be years. It will be months. If it was hospitals and schools we were talking about, then it would be years.

That's the real deadlock. Trump wants the strait open as a condition for peace. Iran wants Trump out as a condition for even talking. Neither side can get what they want without giving up exactly what they're holding onto. And you're right, even if the US packs up tomorrow, Iran's not just going to let tankers pass for free. They'll call it a "fee" or "security guarantee" or something. So the strait technically opens, but now everyone pays Tehran a toll. That's not a win.it's just a different kind of loss. Honestly? I don't see a clean exit here. Someone's going to have to blink first, and neither side looks ready to do that. Probably means this drags on until the economic pain back home forces one of them to fold. My money's on the US blinking eventually—public opinion and election cycles have a short memory. But by then, Iran's already won the long game.

They’re talking about putting a toll on it. I’d guess there’ll be different rates depending on whose ship it is. Could be interesting.

>All for a pdf file. Just put paedophile or if you're not feeling brave enough put sex offender.

> Is the us going to attack European ships Certainly wouldn't rule it out...

This is the fundamental problem. You can't reopen the Strait and keep it open by force. Conversely, if Trump just TACOs and withdraws the Strait remains closed. Starting a war with Iran was always going to lead to a quagmire. That's why, despite valid issues with the Iranian regime, Biden, Obama, Bush II, Clinton, and Bush I all decided against it. It's also why id didn't happen during the first Trump administration, because there were enough intelligent and experienced people surrounding him. Now, he's surrounded by a bunch of imbecile sycophants, so it happened.

You could simply use diplomacy and enter a deal of agreement with Iran, where they allow these 35 nations to get their oil. For instance by introducing fair trade. Excluding the US ofc.

Except China doesn't want a strong yuan since it would kill their exporting cost advantage. They deliberately manipulate their currency to make it weaker against USD/Euro/JPY.