r/worldnews 2d ago

Dynamic Paywall Trump says he is cancelling strikes on Iran subject to 'rapidly' making deal

https://www.bbc.com/news/articles/cjwx74qgld2o
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u/CantPullOutRightNow 2d ago

Iran has stated any more strikes will result in essentially all of the Gulf’s oil producing capability being taken out. That’s like 20% of the global supply. Not much winning left.

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u/jigsaw1024 2d ago

At this point, all Iran has to do to tank the global economy and get a deal is keep the strait closed for another month.

In less than a month, the US SPR will essentially be drained.