Israel - Iran War

@BigRedBuster didn’t your Krassenstein source say we would have $8 gas now and massive inflation because we bombed Iran’s nuclear capability. You may possibly want to dump that one and the Russians on X you post. Seems they are a tad…well umm a tad unreliable.
 
@BigRedBuster didn’t your Krassenstein source say we would have $8 gas now and massive inflation because we bombed Iran’s nuclear capability. You may possibly want to dump that one and the Russians on X you post. Seems they are a tad…well umm a tad unreliable.
That is why I have them blocked on X. As well as numerous individuals. They are insufferable.


that Open Source Intel is an interesting account.
 
@BigRedBuster didn’t your Krassenstein source say we would have $8 gas now and massive inflation because we bombed Iran’s nuclear capability. You may possibly want to dump that one and the Russians on X you post. Seems they are a tad…well umm a tad unreliable.
If I remember the post, it was based on them closing the Strait of Hormuz. Which...other experts have said the same thing. And....so far, they haven't done that.

EDIT: Yep...here's the post.



It was based on them closing the strait. Have they done that yet?

And...many actual oil and gas experts have said the same thing.
 
It is hard to tell where they were hit because the country is so run down.

Iran isn't run down. It's a quite beautiful country.

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Key Facts​

Prices for international oil benchmark Brent crude were flat at $77 per barrel by 10 a.m. EDT during a choppy Monday session, the first day of trading for the commodity since the U.S. struck Iran.


That brings the two-week increase for Brent prices to 15%, but much further pressure on oil prices could be in store, a Goldman group led by Daan Struyven, the investment bank’s co-head of global commodities research warned in a note to clients.


Brent prices could spike to more than $110 per barrel should Iran move to close the critical Strait of Hormuz, predicted Goldman, modeling out a scenario in which oil flows through the shipping route decline 50% for at least one month.


That would mark a 30% increase from Monday’s already elevated price for the benchmark, sending Brent to its highest level since July 2022, as the U.S. and its allies sanctioned oil from top three producer Russia after it invaded Ukraine.
 
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