Most of Iranian oil — 96.7 percent — is destined for China. If you note this figure, you will realise that the Americans are really trying to choke off the supply of Iranian oil to China by blockading the Strait of Hormuz.

This is a major part of the American containment strategy against China.

Now that America will most likely lose control of the Strait of Hormuz to Iran, they are shifting their attention to the other most critical chokepoint in the world — the Strait of Malacca.

About 80 percent of China’s imported oil has to pass through the Strait of Malacca. Vessels come down the Strait, sail past Singapore which is at the southernmost tip of the Strait, before they swing upwards into the South China Sea to go to the Philippines and East Asia, including China.

The two most important countries which border the Malacca Strait are Indonesia and Malaysia, one on either side of the Strait.

A very interesting development took place on Monday in Washington when the Defence Minister of Indonesia Sjafrie Sjamsoeddin signed a cooperation agreement with US War Secretary Pete Hegseth.

Speculation on details
People are speculating about the details of the agreement:

• Will it allow the Americans to base troops in Indonesia and use Indonesian airspace for their air assets?
• Will American naval vessels be allowed to dock at the old Dutch port of Belawan, near Medan, in Northern Sumatra, which is near the opening to the Strait?
• Will the Malacca Strait now become the focal point in this great power struggle between America and China?
• What will Indonesia’s other BRICs partners, principally China and Russia think of Indonesia’s move in signing this agreement with the Americans?

To spice things up, Indonesian President Probowo Subianto was in Moscow a few days ago meeting with President Putin.

Lim Tean is a Singaporean lawyer, politician and commentator. He is the founder of the political party People’s Voice and a co-founder of the political alliance People’s Alliance for Reform.

Article by AsiaPacificReport.nz

This US naval blockade is meant to strangle the Iranian economy by preventing it from exporting oil — the economic lifeline of Iran. It will do nothing of the sort.

Please study the infographics below. Before the war started, Iran was furiously loading tankers with oil at 3 times the normal rate and sending them off to the Far East, with the ultimate destination being China.

China buys 90 percent of Iranian oil, with many of its private refineries — known colloquially as “tea pot” refineries — depending on Iranian crude.

There are presently at least 158 million barrels of Iranian oil sitting in some 96 tankers anchored near the Malaysian state of Johor. There, ship-to-ship transfers take place, before the shipments go off to their final destinations in China.

So this naval blockade will cost the Americans billions of dollars to maintain, but the only thing it will achieve is to make countries dependent on oil from the Persian Gulf such as Australia, Britain, Europe, Japan, South Korea, India, Pakistan and Bangladesh cry.

American voters will get mad at Trump for the surging prices at the pump and give the Republicans a shellacking in the mid-terms.

Iran rolling in cash
Iran will be rolling in cash from the sale of these 158 million barrels of oil already at sea and far away from any naval blockade, and the Iranians will be laughing at the stupidity of the Americans.

Isn’t this the classic illustration of the saying  “closing the stable door after the horse has bolted”?

Let us see how long Trump can afford to keep up with this charade.

You would think that American intelligence would have the wherewithal to better advise their President what a harebrained idea his naval blockade is.

Lim Tean is a Singaporean lawyer, politician and commentator. He is the founder of the political party People’s Voice and a co-founder of the political alliance People’s Alliance for Reform.

Article by AsiaPacificReport.nz

Having launched an illegal, destructive war that brutally struck the entire planet’s economy (and confirmed once again Europe’s combination of irrelevance and hypocrisy), and after threatening Iran with genocide and “civilisational annihilation,” President Trump ultimately backed down on everything.

Like a Roman Emperor during the Empire’s declining years would declare victory and stage triumphs in Rome following massive defeats of his legions at the hands of Gothic warriors, so now does this modern American Nero struggle to convince us that he “won”.

In reality, Iran now decides which vessels pass through the Strait of Hormuz and, for the first time, charge them tolls for so doing.

The demands of the White House, which Trump had set as prerequisites for stopping the bombings, have bitten the dust.

The surrender of Iran’s enriched uranium, the demand for the destruction of Iran’s missiles, the vain hopes for regime change, the designs on Iranian oil — all of these goals were forgotten.

What has not been forgotten, and will not be forgotten, are the 180 schoolgirls that the US murdered on the first day of their attack by striking their school — along with the thousands of other killed and maimed civilians.

False sense of relief
Lest the world be overtaken by a false sense of relief, it is crucial to brace ourselves for the long-lasting economic repercussions of Trump’s idiotic war.

Make no mistake: the shockwaves of economic hardship caused by the US attack on Iran may wane but it will not be averted.

The wave of soaring prices, the blow to employment, the increase in interest rates and foreclosures will not disappear with this ceasefire.

On the contrary, because of the oligarchic cartels that also see this crisis as an opportunity, it will take political pressure by the many on the very few to reverse the negative consequences of this criminal war, as well as all the various crises that preceded it.

Republished from Yanis Varoufakis’ X feed.

Article by AsiaPacificReport.nz

US President Donald Trump has been obsessed with seizing Iran’s Kharg Island for more than 35 years — way before he became a politician. In 1990, he wrote in an American newspaper that the United States should seize Kharg.

Trump thinks that by seizing Kharg, he would get hold of Iranian oil, which he has admitted he wants badly. Either he is deliberately misleading the world or he is not well informed.

Kharg is nothing more than a loading terminal. It is a small island, only about 90 sq km in size, some 28 km from the Iranian mainland.

It’s main advantage is that it is surrounded by very deep waters which allows what are known as Very Large Crude Carriers (VLCCs) to come alongside and load huge quantities of crude oil. A VLCC can easily load up to 2 million barrels of crude.

At today’s price of US$116 per barrel, the value of the cargo would exceed $232 million.

Kharg itself is not an oilfield. It does not produce crude. Every drop of oil which is stored in its many storage tanks are piped there from the mainland through underwater pipes.

All the Iranian oil fields are on the mainland. Now that the Iranians have known well in advance that Trump might seize the island, do you know what they will do? They will turn off the spigot.

No more oil flow
No more oil will flow from the mainland to the island. What oil there is stored in the tanks on the island would have been loaded onto vessels which would have departed Kharg.

I am willing to put a wager that if the Americans seize the island, they will not find any oil. Maybe there will be some residue left in the tanks but the amounts would be so miniscule that in law it would be known as de minimis.

Trump can seize the island and I am sure the Iranians will allow him to do so. But what will happen after that?

The marines and the paratroopers from the 82nd Airborne Division will be slaughtered by the Iranian Revolutionary Guard Corps (IRGC). I pity the American mothers and wives who will be receiving the bodies of their sons and husbands.

Iranian missiles and drones will descend on the American troops like fire and brimstone. There is absolutely no way the Americans can hold the island. The Iranians know this and have dared the Americans to come because they know that it is an invitation to hell for the enemy.

The trouble with the Americans is hubris. They think the rest of the world can easily be walked over by their unbeatable marines and other elite troops.

Napoleon too thought that his Old Guards or Imperial Guards were invincible until they came up against the British Grenadier, Coldstream and Scots Guards at Waterloo. And for the first time ever in the Napoleonic Wars, the agonising cry from the French generals of “En arriere!“ meaning “backward” or “retreat” was heard in the ranks of this legendary unit.

Best trained, fanatical
When the Americans face the Iranian Revolutionary Guards, whether at Kharg or Hormuz, they will be coming up against some of the best trained and fanatical soldiers in the world, who are equipped to the hilt with modern weaponry.

All their generals are veterans of the bloody 8 year Iran-Iraq war. If there are soldiers who know what war is, it is the IRGC.

And to me it is the height of absurdity for the Americans to think that they can accomplish their missions with only about 17,000 ground troops.

I think the scale of the slaughter is going to be gut-wrenching and awful. It will be the modern day equivalent of the battle of Cannae where Hannibal destroyed the entire Roman army, killing 80,000 enemy soldiers in a single day and taking another 10,000 as prisoners.

In 1980, America was humiliated when their military helicopters floundered in the failed Operation Eagle Claw rescue mission to extract the embassy hostages. Nearly half a century later, I fear America will again be humiliated in Iran.

Lim Tean is a Singaporean lawyer, politician and commentator. He is the founder of the political party People’s Voice and a co-founder of the political alliance People’s Alliance for Reform.

Article by AsiaPacificReport.nz