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NickB79

(20,389 posts) Mon Apr 13, 2026, 05:32 PM Apr 13

Oil Price Slides Below $100 as China Defies US Hormuz Blockade [View all]

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.

19 replies

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Highlight:

Oil Price Slides Below $100 as China Defies US Hormuz Blockade [View all] NickB79 Apr 13 OP

Blockhead's blockade is not being honored by the whole world? bucolic_frolic Apr 13 #1

TACO won't stop a Chinese or Russian ship, they have doc03 Apr 13 #2

Which means China can get all the oil they want NickB79 Apr 13 #3

Give Trump credit for a win- win. China & Iran both won. dem4decades Apr 13 #4

They stole the idea from Richard Haas flamingdem Apr 13 #5

Thinking is for sissies. You gotta go with your gut! BootinUp Apr 13 #7

TOFU modrepub Apr 13 #6

When it comes to oil no one is going to play it cool BootinUp Apr 13 #8

Drones Metaphorical Apr 13 #11

Neither the US, China, or Russia really follow international law or respect soverignity AZLD4Candidate Apr 14 #17

True modrepub Apr 14 #18

Russia in Ukraine. China has been attacking Filipino sailors and ships for seven years AZLD4Candidate Apr 14 #19

lol this is hilarious fujiyamasan Apr 13 #9

The Chinese called his bluff. There is no blockade. everyonematters Apr 13 #10

TACO Tuesday coming ? republianmushroom Apr 13 #12

Wait! GAJMac Apr 13 #13

Sometimes, but not often enough. nt Shipwack Apr 13 #15

What Are Trump's Generals Telling Him DallasNE Apr 13 #14

A game of Chicken anyone? Let's see who blinks first. alwaysinasnit Apr 14 #16