Economic Impacts of Iran War
#1082
So what’s happening TODAY isn’t important? And when I posted a five year chart - showing that oil prices in a prior administration actually peaked ABOVE - and were sustained far longer than - the prices hit during this administration - even uncorrected for inflation which would have looked even worse) people b!tched about that too…
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I am becoming convinced that a distressing number of people - like you - just don’t like facts, unless, of course, they reinforce your prejudices. But facts aren’t like that. This is the data. Denying reality does not change reality.
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I am becoming convinced that a distressing number of people - like you - just don’t like facts, unless, of course, they reinforce your prejudices. But facts aren’t like that. This is the data. Denying reality does not change reality.
Little premature to declare victory, doncha think?
#1083
Line Holder
Joined: Dec 2023
Posts: 536
Likes: 140
Yep, I thought that was the “Daily Chaos” chart at first glance! Definitely seems to get more volatile with each passing week.
#1084
On Reserve
Joined: May 2024
Posts: 197
Likes: 107
This will simply consolidate the unification of the Islamic state. It’ll move beyond political boarders. Thats when we really need to be worried.
Pakistan will be key.
#1085
Gets Weekends Off
Joined: Apr 2011
Posts: 3,488
Likes: 137
Well that’s just perfect. Last stand of the Benny Laden gang iirc.
#1086
Gets Weekends Off
Joined: Jun 2022
Posts: 2,260
Likes: 421
So what’s happening TODAY isn’t important? And when I posted a five year chart - showing that oil prices in a prior administration actually peaked ABOVE - and were sustained far longer than - the prices hit during this administration - even uncorrected for inflation which would have looked even worse) people b!tched about that too…
alt=""
I am becoming convinced that a distressing number of people - like you - just don’t like facts, unless, of course, they reinforce your prejudices. But facts aren’t like that. This is the data. Denying reality does not change reality.
alt=""

I am becoming convinced that a distressing number of people - like you - just don’t like facts, unless, of course, they reinforce your prejudices. But facts aren’t like that. This is the data. Denying reality does not change reality.
during the previous admin russia invaded Ukraine. During this admin we voluntarily shot ourselves in the foot and people on here are shocked that some folks aren’t happy with it……
This is what happens when you are completely consumed by your partisan politics. If the other “side” had started a war with no strategic foresight into the global ramifications they’d be going bonkers, but no, lets come up with a constant string of mental gymnastics to justify our emotional bias.
we’ve blundered, and we look the fools for doing so.
#releasetheepsteinfiles
#1087
Now fully open.
Saturday: Two gunboats from Iran’s Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz, the British military’s United Kingdom Maritime Trade Operations center said. It reported the tanker and crew as safe, without identifying the vessel or its destination. TankerTrackers.com reported vessels were forced to turn around in the strait, including an Indian-flagged super tanker, after they were fired on by Iran.
Saturday: Two gunboats from Iran’s Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz, the British military’s United Kingdom Maritime Trade Operations center said. It reported the tanker and crew as safe, without identifying the vessel or its destination. TankerTrackers.com reported vessels were forced to turn around in the strait, including an Indian-flagged super tanker, after they were fired on by Iran.
#1088
Tehran's joint military command said the strait is now under "strict management and control of the armed forces" and accused the U.S. of "piracy" -- a reference to Washington's ongoing naval blockade of Iranian ports, which the IRGC says violates the terms of the ceasefire. Until that blockade is lifted, the strait stays shut.
The reversal came just hours after oil markets had already priced in the opening. Brent crude fell roughly 9.5% to around $89.89 a barrel Friday after Trump announced the strait was open. WTI slid more than 10% to $84.89. Those moves are likely to reverse when markets open.
The reversal came just hours after oil markets had already priced in the opening. Brent crude fell roughly 9.5% to around $89.89 a barrel Friday after Trump announced the strait was open. WTI slid more than 10% to $84.89. Those moves are likely to reverse when markets open.
#1089
Tehran's joint military command said the strait is now under "strict management and control of the armed forces" and accused the U.S. of "piracy" -- a reference to Washington's ongoing naval blockade of Iranian ports, which the IRGC says violates the terms of the ceasefire. Until that blockade is lifted, the strait stays shut.
The reversal came just hours after oil markets had already priced in the opening. Brent crude fell roughly 9.5% to around $89.89 a barrel Friday after Trump announced the strait was open. WTI slid more than 10% to $84.89. Those moves are likely to reverse when markets open.
The reversal came just hours after oil markets had already priced in the opening. Brent crude fell roughly 9.5% to around $89.89 a barrel Friday after Trump announced the strait was open. WTI slid more than 10% to $84.89. Those moves are likely to reverse when markets open.
#1090
Line Holder
Joined: Oct 2023
Posts: 491
Likes: 289
Now fully open.
Saturday: Two gunboats from Iran’s Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz, the British military’s United Kingdom Maritime Trade Operations center said. It reported the tanker and crew as safe, without identifying the vessel or its destination. TankerTrackers.com reported vessels were forced to turn around in the strait, including an Indian-flagged super tanker, after they were fired on by Iran.
Saturday: Two gunboats from Iran’s Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz, the British military’s United Kingdom Maritime Trade Operations center said. It reported the tanker and crew as safe, without identifying the vessel or its destination. TankerTrackers.com reported vessels were forced to turn around in the strait, including an Indian-flagged super tanker, after they were fired on by Iran.
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