Trump's war of words with Iran raises real risks for oil markets

On Monday, Trump's National Security Advisor, John Bolton – who pleaded for the launch of a military strike on Iran's nuclear infrastructure – doubled Trump's late tweet.

"I've been talking to the President in recent days and President Trump has said that if Iran did anything to the negative, it would pay a price like few countries in the world. Have never paid before, "he said in a statement released Monday

. Cliff Kupchan, chairman of Eurasia Group, risk management advisor, believes that "both sides do not want war, Trump seeks to avoid new foreign companies, Iran knows that". he will go out on the short term of the war ". Direct conflict with the United States But when threatened, Iran has a long history of aggressive responses, "said Kupchan in a briefing.

Rhetoric heated up as the first of two deadlines imposed by states United States for International Business Minds Iran is approaching next month In November, the United States expects that most oil buyers will reduce their purchases of Iranian crude or expose themselves to US sanctions. 19659002] Trump withdrew from an international nuclear agreement with Iran and reinstated the sanctions against the nation oil producer

This weekend, Iran renewed his threats to close the Strait of Ormuz, the world's largest sea pbadage for crude oil shipments.Rouhani mentioned the strait in his speech Sunday, and the Iranian Supreme Leader, Ayatollah Ali Khamenei, Saturday approved the threat of pr to close the cheetah if US sanctions disrupt Iranian exports.

"Mr. Trump!" "Do not play with the tail of the lion, you will regret it," said Rohani.

Certainly, the US military and its Gulf allies might be able to protect the waterways of the region, reopen the strait in a few days, according to Admiral James Stavridis, former Supreme Allied Commander of NATO.However, Iran could several times temporarily close the Strait by mining his waters and using other clandestine methods, he told CNBC

The US Navy's fifth fleet is based in Bahrain and is responsible for navigable waterways around the Middle East the Strait of Ormuz, the entrance to the Persian Gulf

If Iran were able to land mines in the Persian Gulf, this could prolong the disturbance from a few days to several weeks, McNally said, talk about exports from Iran, it is about 2.5 million barrels a day, but if you're talking about breaking the Strait of Ormuz, that's 19 million barrels a day, "he told the" Power Lunch "of CNBC. "About 30% of oil traded by the sea crosses this strait, which is a much bigger problem."