[HN Gopher] Iran oil revenue soars as it's the only exporter out...
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       Iran oil revenue soars as it's the only exporter out of Hormuz
        
       Author : vrganj
       Score  : 22 points
       Date   : 2026-03-26 21:55 UTC (1 hours ago)
        
 (HTM) web link (financialpost.com)
 (TXT) w3m dump (financialpost.com)
        
       | karim79 wrote:
       | So it's either checkmate or MAD. Crazy times indeed.
        
       | trhway wrote:
       | why US wouldn't block those tankers? Is there 5-dimensional chess
       | somewhere here that i don't see? One can also wonder what money
       | and through which banks Iran is getting for that oil - i'd find
       | it hard to believe that Iran would accept Chinese currency and
       | store it in Chinese banks.
        
         | comrade1234 wrote:
         | The u.s. removed sanctions on Iranian oil so that Iran can buy
         | more weapons from china to attack the u.s. it makes no sense
         | but that's what's going on.
        
       | FridayoLeary wrote:
       | It's hard to see this as anything but an own goal from the Trump
       | administration. Thoguh ironically they likely have an interest in
       | Iran continuing to export oil to stop the prices rising even
       | higher.
       | 
       | I still think the timing is justified because if they had waited
       | another 6 - 12 months Iran would have built up such a missile
       | stockpile it would have been even more painful to attack them,
       | and an untouchable Iran would absolutely destabilize the ME even
       | worse then it was/is doing already.
        
         | karim79 wrote:
         | Nonsense. There's no evidence whatsoever that Iran were
         | planning to attack neighbouring countries nor is it in their
         | interest. This is all Israel-fabricated bullshit which goes
         | back about four decades.
        
       | juliusceasar wrote:
       | Israel is the cause behind surge in prices and refugees in
       | Europe.
       | 
       | Israel is the biggest threat for the region. Always lying about
       | how country X will have weapons of mass distruction in 5 weeks
       | for over 20 years.
        
       | lawgimenez wrote:
       | Tanker from Russia arrived here in Philippines, and it seems we
       | will be getting oil from Russia now. Major geopolitical failure
       | by the US.
        
       | zahlman wrote:
       | > Off-Topic: Most stories about politics, or crime, or sports, or
       | celebrities, unless they're evidence of some interesting new
       | phenomenon. If they'd cover it on TV news, it's probably off-
       | topic.
       | 
       | This doesn't tell us anything new (we've already had many stories
       | explaining that oil prices have been elevated for almost a month
       | now; the revenue is a natural and entirely expected consequence)
       | and really only serves to give another place for people to shop
       | around their preferred theories about the politics behind this,
       | and to complain about whichever political figures they prefer
       | complaining about.
        
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       (page generated 2026-03-26 23:01 UTC)