by Michael Snyder,The Economic Collapse Blog:
If Iran actually starts deploying naval mines in the Strait of Hormuz, we are going to see a gigantic wave of panic sweep through global financial markets. At this moment, any commercial vessels that attempt to pass through the Strait of Hormuz are sitting ducks for Iranian drones and missiles. That is why traffic through the Strait has essentially been paralyzed, and this has createdthe largest oil supply disruption in human history. Yes, a few ships are still getting through, but if the Iranians deploy thousands of highly sophisticated naval mines the entire Persian Gulf will be on lockdown for the foreseeable future. If you wanted to create an unprecedented global crisis, that would be a great way to do it.
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According to CBS News, U.S. intelligence officialshave disclosedthat they have “begun seeing indications that Iran may be preparing to deploy naval mines in the Strait of Hormuz”…
U.S. intelligence has begun seeing indications that Iran may be preparing to deploy naval mines in the Strait of Hormuz, CBS News reported Tuesday in a post on X.
The report comes as the United States warns that shipping through the strategic waterway has been disrupted during the war with Iran.
Apparently these mines would be deployed by very small vessels, and we are being told that Iranhas a very large stockpile…
U.S. intelligence assets have begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane. Iran is using smaller crafts that can carry 2 to 3 mines each. While Iran’s mine stock isn’t publicly known, estimates over the years have ranged from roughly 2,000 to 6,000 naval mines of Iranian, Chinese and Russian-made variants,@JimLaPorta reports
Let’s hope that Iran chooses not to do this, because it would represent a massive escalation.
Alarmingly, the IRGCis declaringthat it will not allow any oil to pass through the Strait of Hormuz at all if the U.S. and Israel continue their attacks…
Source: SGT Report
