No War For Oil, Says … Donald Trump?

It’s true, the US won’t be impacted a lot even in the event of a closure of the Strait of Hormuz however unlikely such a scenario is. The much bigger impact would be on China which buys a lot of its oil but also its LNG from the Persian Gulf. So, I imagine that the Chinese Navy won’t take closure very kindly. This makes it even less likely to happen. Trump does the right thing – no war for oil.

Did attacks on oil shipping in the Gulf of Oman create a cassus belli for the US to attack Iran? Tehran has accused the Trump administration of conducting a false-flag operation in order to start a war, but Donald Trump told Time Magazine that he’s not likely to start a war over oil shipping. 

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