• Two points on Iran and the Strait of Hormuz

    1. Crude oil accounts for about 85% of Iran's government revenue. Iran exports approximately 90% of its oil via the Strait of Hormuz

    2. China is the largest purchaser of Iranian oil. Closing the Strait of Hormuz means China gets less oil than it needs from Iran; thus, China will go elsewhere, possibly to Russia. Not smart to lose a key export market to a swing exporter

    Closing the Strait of Hormuz to 90% of your oil exports is like resigning from your high-paying job so you don't pay alimony to your ex-wife
    Two points on Iran and the Strait of Hormuz 1. Crude oil accounts for about 85% of Iran's government revenue. Iran exports approximately 90% of its oil via the Strait of Hormuz 2. China is the largest purchaser of Iranian oil. Closing the Strait of Hormuz means China gets less oil than it needs from Iran; thus, China will go elsewhere, possibly to Russia. Not smart to lose a key export market to a swing exporter Closing the Strait of Hormuz to 90% of your oil exports is like resigning from your high-paying job so you don't pay alimony to your ex-wife
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  • Why will the President of the country wait for the Opposition Leader to address certain critical issues affecting the country before he makes a statement on them?

    I’m referring to Bola!
    Why will the President of the country wait for the Opposition Leader to address certain critical issues affecting the country before he makes a statement on them? I’m referring to Bola!
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  • Party is in chaos.
    Country is in chaos.

    But but, I was told he's a master strategist.
    Party is in chaos. Country is in chaos. But but, I was told he's a master strategist.
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  • “After spending ₦30m to sponsor her to the UK, she’s now filing for divorce after 6 months” — Nigerian man seeks legal help to protect his interest
    “After spending ₦30m to sponsor her to the UK, she’s now filing for divorce after 6 months” — Nigerian man seeks legal help to protect his interest
    Haha
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  • WHO’S PACKING THE MOST NUKES? See how the world’s deadliest stockpiles stack up - from superpowers to wildcards.
    WHO’S PACKING THE MOST NUKES? See how the world’s deadliest stockpiles stack up - from superpowers to wildcards.
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  • Still no movement on Energy prices

    Monitoring
    Still no movement on Energy prices Monitoring
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