Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world’s most critical oil transit chokepoints, according to media reports.

Any final decision on retaliation, however, will rest with the country’s Supreme National Security Council and le

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Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.

      • I'm Hiding 🇦🇺@aussie.zone
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        21 hours ago

        I live on the other side of the world, but I bet you anything you like that my petrol prices will double too. It will cost twice as much to heat my home, and because my country is so big and so far away from everything, the cost of any goods I buy will increase significantly due to the additional price of the fuel required to get it to me.

        I had no choice. I couldn’t vote for that dickhead if I wanted to. America voted and I’m worse off for it.

      • xenomor@lemmy.world
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        2 days ago

        Sorry, couldn’t hear you over all the deafening silence from Kamala Harris and Joe Biden about how much they oppose this foreign policy and how different things would have been in this regard if either of them had become president.

        • xenomor@lemmy.world
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          7 hours ago

          The normie libs downvoting this comment because they are offended by the claim that Harris and Biden are 100% aligned with trump on Israel policy, are the same people who would be self-righteously scolding me for undermining a democratic administration if it was Kamala bombing Iran.

        • Bytemeister@lemmy.world
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          2 days ago

          Well, they need to start by registering for the green party.

          You can’t show up on November 6th and say “everybody should have voted for Jill Stein!” After she barely gets more votes than the worm riddled antivax conspiracy theorist that dropped out of the race and backed trump.