F-22Raptor
Elite Member
Brent down to $98
Now $96
Make that $94
Now $96
Make that $94
Last edited:
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- put America first, and change the US relationship to Israel, Vance says, pointing to recent polling
Brent down to $98
Now $96
Make that $94
It is dropping because the markets see that Trump has no mandate to restart his war with Iran following drubbing he took.
He may well decide to step down and let Vance take over from here. Does Trump want to be called a "loser" for the next two years ?
Iran is still under naval blockade for nearly 4 months, which itself is an act of war. $20 price drop in a week. Zero has changed in the Strait.
Yes. Exactly. Nothing has changed in the Straits. What has changed, is the USA. What has changed is that the markets believe there will be no new escalation, and termination of the war.
Like I said last week, Iranian retaliation was being priced in. It had zero to do with SPR release. Now prices are dropping and Iran is STILL under blockade.
Prices are dropping because the markets are betting on Trump NOT initiating any military action.
Or it could be that some kind of deal is done... otherwise no military action means status quo , not good enough reason for prices fall sharply.Prices are dropping because the markets are betting on Trump NOT initiating any military action.
I won't even attempt to explain it to you. You are laser focused on your Twitter reports.Exactly, but the blockade remains in place. You guys tried convincing yourselves the US, OSINT, and I were lying when we said prewar levels of oil were flowing through the Strait. I got laugh emojis for weeks. I said retaliation was being priced in which is why oil was $117. I got laughed at again. SPR release and all that?
Turns out my assessment was accurate. Oil is flowing at prewar levels despite Iranian attacks, oil prices are dropping like a rock, and Iran is still blockaded.
But you continue to wilfully ignore the reason why prices are dropping... The reason is as plain as the nose on your face!
Read JD Vances post :
Maybe and that could be the worse thing imaginable for the world in general and the region specifically.Or it could be that some kind of deal is done... otherwise no military action means status quo , not good enough reason for prices fall sharply.