The $119 spooked the Trump Admin pretty badly. Idk how tax waivers will lower prices when it just extra corporate profits.
2026 Israel - Iranian conflict [TEMP LOCKED]
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An apocalyptic terrifying scenario could be that Netanyahu loss his mind and start nuking all Muslims countries as punishment ( Turkey, Saudi Arabia, Pakistan, Iran) and commit suicide. I mean the man has been dreaming about the greater Israel for 47 years.
It's down to 100 now since G7 released some reserve to ease the pain. If it's above 120 for an extended period of time, things will turn bad real fast according to some guys based in the oil industry.
That's why people say Trump is under a lot of pressure to fix this problem asap. Even at 100, apparently two weeks is enough to really starting tanking the markets. Right now isn't even the real start.
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How to win at 4D chess
1. Destroy EV industry by cutting incentives, pollution targets
2. Have domestic automakers increase production of V8 engines
3. Start war in Middle East sending oil and gas prices skyrocketing.
4. Win!
trumps actions are gonna push countries into greens/evs more than ever now, and reduce their reliance on oil etc.
some big bomb drop in Tehran earlier today:
Trump and his big mouth:
Trump: We are not close to ordering ground action to secure the enriched material in Isfahan. We have not made any decision on the matter.
So the material is in Isfahan?
Meanwhile Iranian FM:
IRGC Advisor Brigadier General Sardar Ebrahim Jabbari:
Abandon Hope, ye all who enter?
Yeah.
$95 as of this post but the fact it even got near $120 was very spooky for them. The news that the G7 is meeting on trying to release 300-400 million barrels or oil or 15-20 days from the loss of Hormuz has calmed oil prices for now.
Also Putin said oil production linked to the Straits could be completely halted as early as next month and urged Russian business to take advantage. Because changing oil deliveries is time consuming and incurs significant expenditure. Which sounds like they don’t expect the war to end in the short term and i don’t think Putin would make that comment if a ceasefire was around the corner. With his access to classified and diplomatic information as president.
I believe Trump will be announcing tools to combat oil prices soon.
24 hour reply ban for trolling such an asinine off topic post
And people wonder why there needs to be a line drawn somewhere with off topic posts such as the one above....
he is bluffing, their ceasefire attempt shows it. they cannot destroy the stocks and the industries or havent shown any capability for it. rubio is the loud buffoon of this government and his fallacious sophistry all the time is disgusting.
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