[csomar]

There is no comparison between Iran and Venezuela. Maduro had Cuban guards because his people seem to dislike him more than the US; his administration included. Also Maduro is hated by both neighboring countries elites and peasants. Situation couldn’t be more different in Iran, there are hundreds of thousands of committed supporters in Iran and Arabic countries (watch some videos where the Arabs celebrates the strikes at their own countries)

Also in power balance, Venezuela is a joke militarily. Iran has the capacity to end calm life in the GCC and possibly disrupt oil flows. Really an orange and apple comparison. Case in point today, Iran was able to project its missile to several countries in a couple hours.

[JumpCrisscross]

> Iran has the capacity to end calm life in the GCC and possibly disrupt oil flows

I'm genuinely surprised the mines haven't rolled out, to the point that I believe they won't be. (They were–in the initial strikes–destroyed or incapacitated, or they never existed.)

> Iran was able to project its missile to several countries in a couple hours

To minimal effect. And every launch exposes a missile and firing team to American and Israeli jets flyig in uncontested airspace.

[chunky1994]

There is credible reporting (Reuters etc.) that ships are being turned around, so it does appear that the mines (or at least threat thereof) have been deployed. Either way, as long as the threat of sinking is alive the strait is uninsurable and is for all practical purposes closed.

[jacquesm]

Agreed that you can't compare Venezuela and Iran. But I challenge you to check which are the top three countries in the world by oil reserves.

Israel needs it, Trump wants it, this was going to happen either now or next year. The potential for escalation is massive and I sincerely hope that it will not. Iran is a problem, but Israel is also a problem and the United States is becoming a bigger problem every day. It would be nice if the people in charge of this planet could hold back from throwing matches into the powder kegs for a while.

[csomar]

Reserves are irrelevant, you can’t pump oil from the ground at a moment notice and building the infrastructure requires long-term stability especially for oil infrastructure which is large and hard to protect. Iran does x4 times the volume of Venezuela in oil and x10 in gas.

The issue with Iran is that it’s selling energy outside of the US system. This was less of an issue 20 years ago when the persians needed to funnel the money back to the Western system at a cost so that they can access world trade. The situation changed today as they can mostly survive on China imports and completely bypass the US financial system. Iran has half the exports (in total value!) of Tunisia at x8-9 the population. Something doesn’t add up.

> It would be nice if the people in charge of this planet could hold back from throwing matches into the powder kegs for a while

That’s not how the world works. The relative peace of the last 20 years or so was mostly because US hegemony was uncontested. This might be no longer the case. Someone in the far East will be watching for opportunities.