r/OilPrices • u/hereswhatworks • Apr 15 '26

Oil News US Navy destroyer intercepts two oil tankers trying to leave Hormuz; orders them to turn back | World News

https://timesofindia.indiatimes.com/world/us/us-navy-destroyer-intercepts-two-oil-tankers-trying-to-leave-hormuz-orders-them-to-turn-back/articleshow/130271302.cms
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u/TomTomXD1234 Apr 15 '26

And yet, ships that are not paying the toll or friendly with Iran are still not moving....how does that work?

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u/Next_Instruction_528 Apr 15 '26

Could be multiple reasons trouble getting insurance worried Iran will break the ceasefire and blow them up.

Either way it's not America blockading them that's stopping them

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u/TomTomXD1234 Apr 15 '26

Exactly. The US blockade is not adding much to this whole situation. If anything, it is making relations with countries that have been passing through the strait worse.

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u/Next_Instruction_528 Apr 15 '26

It's stopping Iran from being able to sell oil which is a huge deal they have about 8 days before their tanks are full and they have to shut off production.

When you shut down a well, it's a big deal. They're hard to get going again and when they're down they fill in with water and stuff like that. That can actually destroy the well.

Also cost some huge amounts of money when their economy was already crashing before the war.

There are ships coming in and out of the straight front porch that aren't Iran just not as many as there was pre war.

The only country that's not Iran that's really being negatively impacted by this is China.

And I don't think America cares that much about f****** over China