Imperialism's "Global Supply Chains" Exposed
Written by: Ned K. on 24 April 2026
(Source: www.freepik.com)
The closing of the Strait of Hormuz by Iran has exposed for millions of working people around the world to see the fragility of "globalization" and "global supply chains". US imperialism's Trump's decision to attack Iran militarily has been a case of lifting a rock only to drop it in their own feet.
Albanese stupidly but predictably became one of Trump's first cheer leaders when the US war machine started its war on Iran. It wasn't long before he was jet setting to other countries to try and shore up alternative energy and fertiliser supplies to keep the squeaky wheels of capitalism in Australia.
Closure of oil refineries in Australia over the last 30 years were part of the de-industrialisation of Australia by imperialism. One government after another assured the Australian people that "free trade" and "global supply chains" would more than compensate for the destruction of whole industries including oil refining in Australia.
The actions of one relatively small country, Iran, supported by its people, in blocking the Strait of Hormuz has shown the fragility of the imperialist "world economy" and caused increased hardship to millions of people across the globe.
The Albanese Government is now looking to use taxpayers' money to lure multinational oil barons to build new oil refineries in Australia as well as expand the capacity of the two remaining ones in Australia.
This is unlikely to occur as the biggest oil corporations Exxon Mobil and Chevron are frantically doing deals with African countries to seize their oil reserves both on and off - shore.
The tactic of blocking the Strait of Hormuz by Iran has also shown how dependent on fossil fuels countries like Australia are, despite all the talk about moving rapidly to a green energy future.
For millions of Australian people, the US war on Iran and the Albanese Government's tamely applauding it, has them thinking it's time for Australia to establish economic, political and military independence from foreign powers, especially USA.
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