Iran oil reserves and Hormuz threats

    작성: HOMERED: Scott Bessent

    iran's regime is supposedly scrambling after scott bessent said their oil reserves are down to 30 million barrels at most. they're firing back with threats of an exclusion zone in the strait of hormuz, and gas lines are already climbing. a us strike sank one of their tankers out of three hit. the parliament speaker claims retaliation is easy since their oil and gas setup is spread out and open to attack. jobs are vanishing, 500 people who used to work here are now idle, and the government leans on oil money to stay afloat. output fell from 2 million barrels a day before the war to just 200,000 sold in august.

    스크립트 (en)

    to really control shipping in the Strait of Hormuz. It comes right after the U.S. attacked and hit three Iranian oil tankers, sinking one of them. Now, the parliament speaker of Iran said it's basically going to be pretty simple. He boasted that Iran will continue to be able to retaliate against the U.S. He said it's simple. The oil and gas production chain here is sprawling, accessible, and exposed. Strike our assets and you get struck. The real question remains, how long is Iran's economy going to be able to maintain on a war footing, especially with some industries and many jobs disappearing completely? The situation is terrible, really terrible. There is no job here. 500 people used to earn a living here. And, of course, that government depends on its oil production and sales to remain afloat. That production has really been in free fall to 2 million barrels a day pre-war, just 200,000 barrels a day sold in the month of August. Molly, back to you. Covering a lot of ground for us, Steve Harrigan. Thank you.