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NickB79

(20,382 posts)
Mon Apr 13, 2026, 05:32 PM 13 hrs ago

Oil Price Slides Below $100 as China Defies US Hormuz Blockade

Source: Yahoo Finance

The sharp pullback came as China's Defense Minister Admiral Dong Jun signaled that Chinese vessels would continue transiting the Strait of Hormuz under existing agreements with Iran.

Admiral Dong Jun delivered a pointed message to the Trump administration and the US Navy. He confirmed that Chinese ships are actively moving through the Strait of Hormuz and that Beijing will honor its trade and energy agreements with Tehran.

Read more: https://finance.yahoo.com/markets/commodities/articles/oil-price-slides-below-100-190028120.html



Well, that definitely puts the US Navy between a rock and a hard place. Interdict a Chinese oil tanker, and the next one might come with a Chinese military escort.
16 replies = new reply since forum marked as read
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Oil Price Slides Below $100 as China Defies US Hormuz Blockade (Original Post) NickB79 13 hrs ago OP
Blockhead's blockade is not being honored by the whole world? bucolic_frolic 13 hrs ago #1
TACO won't stop a Chinese or Russian ship, they have doc03 13 hrs ago #2
Which means China can get all the oil they want NickB79 13 hrs ago #3
Give Trump credit for a win- win. China & Iran both won. dem4decades 13 hrs ago #4
They stole the idea from Richard Haas flamingdem 13 hrs ago #5
Thinking is for sissies. You gotta go with your gut! BootinUp 12 hrs ago #7
TOFU modrepub 12 hrs ago #6
When it comes to oil no one is going to play it cool BootinUp 12 hrs ago #8
Drones Metaphorical 11 hrs ago #11
lol this is hilarious fujiyamasan 12 hrs ago #9
The Chinese called his bluff. There is no blockade. everyonematters 11 hrs ago #10
TACO Tuesday coming ? republianmushroom 9 hrs ago #12
Wait! GAJMac 9 hrs ago #13
Sometimes, but not often enough. nt Shipwack 8 hrs ago #15
What Are Trump's Generals Telling Him DallasNE 8 hrs ago #14
A game of Chicken anyone? Let's see who blinks first. alwaysinasnit 2 hrs ago #16

bucolic_frolic

(55,358 posts)
1. Blockhead's blockade is not being honored by the whole world?
Mon Apr 13, 2026, 05:35 PM
13 hrs ago

He'll have to raise the stakes.

NickB79

(20,382 posts)
3. Which means China can get all the oil they want
Mon Apr 13, 2026, 05:43 PM
13 hrs ago

And neighboring Asian nations get none, or buy it from China.

A massive win for the Chinese government.

flamingdem

(40,936 posts)
5. They stole the idea from Richard Haas
Mon Apr 13, 2026, 05:59 PM
13 hrs ago

Saw him present the idea on CNN I think.

But as usual they didn't think it through!

modrepub

(4,131 posts)
6. TOFU
Mon Apr 13, 2026, 06:13 PM
12 hrs ago

Trump Only F-cks Up.

I don't think Russia has any navy that would be a threat. And China doesn't need an escort; why provoke an attack by providing a military target. Crew the Chinese tanker with volunteers, send them to load oil and refuse to stop for any US naval ship that fires across the bow. Slow walk it, and tell Trump he has no authority to stop a Chinese flagged vessel. If it goes badly for the American's, it's just as effective to demonstrate to the world that the US can't be trusted to follow international law and respect other's sovereignty.

BootinUp

(51,429 posts)
8. When it comes to oil no one is going to play it cool
Mon Apr 13, 2026, 06:29 PM
12 hrs ago

This is a seriously bad situation.

Metaphorical

(2,646 posts)
11. Drones
Mon Apr 13, 2026, 07:10 PM
11 hrs ago

An oil tanker is a mighty big drone launch pad. The Chinese need not do anything other than buzz the US capital ships with them, but it is likely to make interdiction a particularly thorny issue.

fujiyamasan

(1,839 posts)
9. lol this is hilarious
Mon Apr 13, 2026, 06:31 PM
12 hrs ago

I love how the Chinese simply DGAF what he says at this point. We have shit to do move along you orange dufus!

More seriously speaking, he has become a global laughing stock. He needs to be removed ASAP. Ehat we’re dealing with is simply not tenable.

everyonematters

(4,186 posts)
10. The Chinese called his bluff. There is no blockade.
Mon Apr 13, 2026, 07:05 PM
11 hrs ago

This means higher prices on everything until we realign the whole economy.

DallasNE

(8,015 posts)
14. What Are Trump's Generals Telling Him
Mon Apr 13, 2026, 10:16 PM
8 hrs ago

I presume they told him that the bluff will not work - that China will run the blockaid.Then what? Trump continues to operate like a 5th grader playing the game of Battleship—total embarrassment. Get him out of there before he screws up so badly that the response will be catastrophic.

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