Iran war part 4 - Data points in the phony war
The conflict has entered an unusual phase in which the US, after initiating military action, is relying increasingly on economic and diplomatic pressure to obtain terms it could not secure militarily - usually economic and diplomatic pressure starts first. The US has announced its toughest ever sanctions on Iran in the hope that Iran, which has survived so far – with a population more united (against the US, rather than behind the regime) and its missile and drones largely intact, will agree to US terms to end the conflict . In this context, I’d like to revisit some of the data points I covered earlier, to see how it leaves both sides. Some of these were covered in my previous post. Iran war - Part 3 Oil flows through the strait of Hormuz: Compared to approx. 3 million barrels/day oil (3 MBD) exiting the strait during the height of the conflict in March-April, tankertracker.com (which counts tankers verified from satellite signals), shows the equivalent of 6-7 MBD, leaving th...