Iran War | Political & Economic Impacts

[mpaer]

Solar, wind?

 

[nycfan]

 

[nycfan]

Draw Iranian fire?

 

[nycfan]

 

[BlueSmoke]

The military can't solve this problem for Trump. Many tanker owners are going to be reluctant even with insurance to go inside the Gulf. The Gulf is a pretty big place and their tankers could get hit anywhere once in.

High oil prices work for Iran. Understand that India may already have cut a deal with Iran for safe passage. Look for other countries to do the same. Which means sanctions on Iran will at least informally be coming off. Can't wait for this realization to dawn on Trump.

 

[mpaer]

The military can't solve this problem for Trump. Many tanker owners are going to be reluctant even with insurance to go inside the Gulf. The Gulf is a pretty big place and their tankers could get hit anywhere once in.

High oil prices work for Iran. Understand that India may already have cut a deal with Iran for safe passage. Look for other countries to do the same. Which means sanctions on Iran will at least informally be coming off. Can't wait for this realization to dawn on Trump.

This is some serious economic shit

 

[nycfan]

Markets seem to have more belief in Trump’s ability to bully a coalition in place and open the Strait than the political class. US oil prices cooled to start the morning and stock markets went up over 1%.

The oil prices have started back up on news of uncertainty, though still below the opening price.

Trump is having a press conference on an unspecified topic just before his Kennedy Center Board meeting at 11:45 am.

 

[nycfan]

 

[nycfan]

 

[Duke Mu]

Draw Iranian fire?

Be suckers & Losers for Tangerine Palpatine.

 

[Duke Mu]

Seems like the opposite, of course.

 

[nycfan]

 

[nycfan]

 

[nycfan]

 

[nycfan]

FLASHBACK

 

[CFordUNC]

On the bright side, we no longer have to listen to Callatoroy admonish us for not recognizing Trump’s immense negotiating and strategy acumen.

There has never been a bigger pussy in the entire history of this board community dating back years and years than callatoroy. Never seen somebody run away and hide like that loser.

 

[pspsps]

There has never been a bigger pussy in the entire history of this board community dating back years and years than callatoroy. Never seen somebody run away and hide like that loser.

Let me get’em back for ya

Woman heard God say 'return to me' after years living as transgender man

A woman shares her powerful story of returning to her "true identity" after living as a man for six years, describing her transformative encounter with God and faith.

www.foxnews.com

 

[BillOfRights]

“Get ready for oil to be $200 a barrel, because the oil price depends on regional security, which you have destabilised,” Ebrahim Zolfaqari, spokesperson for Iran’s military command, said on March 11, according to Reuters.

Greg Newman, group CEO of Onyx Capital Group, said Monday that the fallout from the ongoing supply shock means oil prices could soon climb to much higher levels.

“Brent is just one proxy. We’ve got hundreds and hundreds of contracts reflecting all of the physical prices around the world. The Middle Eastern benchmark...just reached $150 per barrel,” Newman told CNBC’s Ben Boulos from the trading floor.

Oil prices: Why traders are getting nervous about Iran's $200 warning

Why traders are getting nervous about Iran's $200 oil warning as the conflict drags on

Analysts told CNBC that the prospect of oil prices soaring to $200 per barrel shouldn’t be ruled out as the Iran war drags on.

www.cnbc.com

 

[nycfan]

 

[nycfan]

“Get ready for oil to be $200 a barrel, because the oil price depends on regional security, which you have destabilised,” Ebrahim Zolfaqari, spokesperson for Iran’s military command, said on March 11, according to Reuters.

Greg Newman, group CEO of Onyx Capital Group, said Monday that the fallout from the ongoing supply shock means oil prices could soon climb to much higher levels.

“Brent is just one proxy. We’ve got hundreds and hundreds of contracts reflecting all of the physical prices around the world. The Middle Eastern benchmark...just reached $150 per barrel,” Newman told CNBC’s Ben Boulos from the trading floor.

Oil prices: Why traders are getting nervous about Iran's $200 warning

Why traders are getting nervous about Iran's $200 oil warning as the conflict drags on

Analysts told CNBC that the prospect of oil prices soaring to $200 per barrel shouldn’t be ruled out as the Iran war drags on.

www.cnbc.com

Doubling the price per barrel shouldn’t be ruled out but still seems highly unlikely. And we don’t need nearly that kind of increase to put western economies in real danger of serious long-term impacts. Europe has already been taking it on the chin on energy prices due to the Russian invasion of Ukraine and attempts to limit their consumption of Russian oil and gas. As a result of higher energy costs and pressure to spend considerably more on defense, the debt burden of many European countries has spiked.