Oops!... Iran's About to Block the Strait? Gimme More Energy Drama!

Hit Me Baby One More Time... With Higher Gas Prices?

Okay y'all so I heard Iran might close the Strait of Hormuz. At first I was like 'Oops!... I Did It Again' – creating chaos! But then I realized like this is serious business. Apparently Iran's parliament approved this but the national security council has the final say. Honestly it sounds like a reality show waiting to happen. And get this – everyone's calling on China to stop it! It's like when I ask my backup dancers to keep me from you know spontaneously buying another mansion. #Priorities.

Toxic Moves: Turning Neighbors into Frenemies

Vandana Hari from Vanda Insights is saying it’s "absolutely minimalistic" that Iran would actually do this. She's like 'Britney don't go dyeing your hair green again!' And she’s right! Apparently blocking the strait would turn all their oil producing neighbors into enemies. Can you imagine? That's like starting a feud with all the other pop stars – who would I collab with then? Plus it’d anger China which buys most of Iran's oil. Talk about a 'Meltdown' waiting to happen!

Not a Girl Not Yet a Target

Andrew Bishop from Signum Global Advisors thinks Iran won’t want to make China mad. Disrupting oil supplies would put a target on Iran’s oil production. It's like wearing a sparkly outfit to a mud wrestling competition – you’re just asking for it! And with the U.S. and Israel being all “trigger happy,” as he put it things could get messy real fast. #DramaAlert

Oops!... They're Going to Do It Again? Impact of Potential Closures

So the Strait of Hormuz is a big deal – like the only sea route from the Persian Gulf. About 20% of the world's oil goes through there! The U.S. Energy Information Administration calls it the "world's most important oil transit chokepoint." It's like the Las Vegas of oil routes honey! Bishop thinks Iran might just rattle the oil flows enough to hurt the U.S. a bit without causing a major response. Sneaky sneaky!.

Gimme More... Gas Prices!

Patrick De Haan from GasBuddy is saying gas prices in the U.S. could jump to $3.35 $3.50 per gallon! If Iran closes the strait they might use small boats or even mine the waterway. It's like throwing glitter bombs at the world economy – messy and sparkly but mostly just messy. S & P Global Commodity Insights says this would affect not just Iran but also Saudi Arabia the UAE Kuwait and Qatar. That’s a lot of oil gone bye bye!

Stronger Than Yesterday... Unless Oil Prices Go Up

The Commonwealth Bank of Australia says there's not much way to avoid the Strait of Hormuz. Pipelines can only handle a fraction of the oil that goes through there. Goldman Sachs thinks there's already a $12 geopolitical risk premium on oil. If the oil flow drops Brent could "briefly jump" to around $110! Let's hope my next world tour doesn't require filling up a private jet at those prices! #PrayForBritney