Iran - Israel/US War: Israel-US declare war on Iran, Iran responds

They can not print oil. They have suppressed oil prices by selling from the SPR. No one really knows what they have. I do not believe for one minute that their stockpiles are running low. There is definitely an active spin campaign online and on YouTube, X ect.. to exaggerate Iran's ability and to show the incompetence of the American administration. I think it is true on both points to some extent.
I think Iran acted with advice from China, with Pakistan acting as a Chinese proxy, and agreed to a ceasefire. Iran needed to get supplies in for the next round, possibly for months.
The world is feeling pressure. The American people are under extreme pressure. No one is happy with this asshole. The polling shows how much hatred the American people are feeling towards the jews mostly the Zionists. This is a game of chicken, and someone is going to blink, and I think it will be Trump. Iran should start systematically destroying the PGCC oil infrastructure, starting with Kuwait. That fake country will fall apart within weeks. For sure, the borders will be redrawn when this conflict is over.
It's not hard to look up current US gasoline inventories. For week ending 3 July, they are down again by 1,904 thousand barrels.

For week ending the 10th, those figures will be published tomorrow night.

Unlike some folks here who cling to Brent crude prices, I look at inventories of refined products. Gasoline and #2 diesel are both feeling pressure.
 
Yes, it's been long now it threatens to become prolonged.

For Pakistan it's the ultimate Shakespearen tragedy.

My guess is at least until the midterms are closer, since a decisive win to help the Republicans would be hugely needed by The Cheetoman's Cheating Circus by then.

Its effect on Pakistan is off topic IMO.
 
It's not hard to look up current US gasoline inventories. For week ending 3 July, they are down again by 1,904 thousand barrels.

For week ending the 10th, those figures will be published tomorrow night.

Unlike some folks here who cling to Brent crude prices, I look at inventories of refined products. Gasoline and #2 diesel are both feeling pressure.

The summer driving season will last until Labor Day.
 
Unlike some folks here who cling to Brent crude prices, I look at inventories of refined products. Gasoline and #2 diesel are both feeling pressure.

SPIR will hit operational constraints around Labor Day at the current 7-9 million barrel per week depletion rate. That’s also around the same time the emergency release is scheduled to be finished.

Trump could decide to take it even lower and get us to critical levels where the salt caverns start becoming permanently exhausted if he is desperate to continue to suppress oil prices before mid terms. That will buy him another 6-8 weeks or thru Nov, assuming the market doesn’t front run this entire event and raise paper oil prices anticipating it being a likely outcome.

Both sides are playing a dangerous game of chicken.
 
US has now adopted much more effective strategy. Its blockade of Iranian ports and for striking Its using less expensive weapons. All those footages hitting radars and launchers are done by either drones or LGBs.

Also US does not look like to slowing down the tempo this time. Its relentless and sustained campaign to neutralize targets this time around.

On other hand, how many BMs are remaining with Iran is a big question mark. KSA also seems to get involved. NATO could be joining this time around. They already started to provide air refueling.
 
Same line he used shortly after the Feb 28 attacks.

Its clear Iran has not been able to set up deterrence, they will need to respond disproportionately, likely to those countries that are allowing their territories to attack Iran. If you take them of the chess board the US has limited means of attack (by sea or via Israel).

Iran should declare its operations will end in 3 months and keep fighting .. take the control out of trumps hands.
 
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My guess is at least until the midterms are closer, since a decisive win to help the Republicans would be hugely needed by The Cheetoman's Cheating Circus by then.

Its effect on Pakistan is off topic IMO.

One can trust America's ability to start wars but there's a distinct lack of trust when it comes to ending them.

It's not republicans or Democrats who are at war with Iran. It's the Americans. It's downright arrogance to put fate of millions of people in jeopardy for a glorified price is right show.
 

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