Economic Impacts of Iran War
04-29-2026 | 06:18 PM
#1361
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Joined: Nov 2017
Posts: 3,230
Likes: 199
Asian cargoes are already loading in the $170s. They'll pay anything to prevent shutting down refiners which is an extremely expensive process.
The Oil market is like toilet paper. You don't realize how badly you need it until you run out. As long as there's still inventory to draw down here in the US there won't be panic
The Oil market is like toilet paper. You don't realize how badly you need it until you run out. As long as there's still inventory to draw down here in the US there won't be panic
On that note, seems that Iran is about 10ish days away from turning off their oil pipes. If that happens, it’ll either cost too much to turn back on or it won’t turn on due to irreparable damage. Not gonna pretend to be an expert in all this, but if the above is true, there’s a chance this is over soon enough with a deal in favor of the US
04-29-2026 | 06:24 PM
#1362
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Joined: Dec 2005
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TEHRAN, Iran (AP) — Iran’s national rial currency hit a record low Wednesday of 1.8 million to the dollar as a shaky ceasefire with the U.S. and Israel holds.
The rial had remained stable in the early weeks of the war that began Feb. 28, in part because there was little trading or imports.
The rial began to slide two days ago. Experts warn that its fall is likely to further fuel inflation in a country where many imported goods, from food and medicine to electronics and raw materials, are affected by the dollar rate.
A U.S. naval blockade during the ceasefire has increased pressure on Iran’s already battered economy, cutting into a key source of government revenue and hard currency by stopping or intercepting oil shipments.
Pakistani Prime Minister Shehbaz Sharif said Wednesday his government was continuing efforts to help ease tensions between the U.S and Iran following an initial round of direct talks on April 11.
The rial had remained stable in the early weeks of the war that began Feb. 28, in part because there was little trading or imports.
The rial began to slide two days ago. Experts warn that its fall is likely to further fuel inflation in a country where many imported goods, from food and medicine to electronics and raw materials, are affected by the dollar rate.
A U.S. naval blockade during the ceasefire has increased pressure on Iran’s already battered economy, cutting into a key source of government revenue and hard currency by stopping or intercepting oil shipments.
Pakistani Prime Minister Shehbaz Sharif said Wednesday his government was continuing efforts to help ease tensions between the U.S and Iran following an initial round of direct talks on April 11.
Iran will ride this out longer than the will of the American people to ride this out.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
04-29-2026 | 06:35 PM
#1363
Gets Weekends Off
Joined: Nov 2017
Posts: 3,230
Likes: 199
Iran will ride this out longer than the will of the American people to ride this out.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
04-29-2026 | 07:03 PM
#1364
Line Holder
Joined: Jul 2021
Posts: 621
Likes: 47
Iran will ride this out longer than the will of the American people to ride this out.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
What are Americans actually riding out? The Backstreet Boys were just in the news for breaking records in Vegas.
Not to sure if very many entertainment acts in Iran are setting profitability records right now.
Last edited by OpieTaylor; 04-29-2026 at 07:15 PM.
04-29-2026 | 07:11 PM
#1365
Line Holder
Joined: Sep 2014
Posts: 1,401
Likes: 473
Americans were promised “low prices” and for some reason actually believed said promise, despite zero details on how to achieve said “low prices”. Prices continued to slowly rise, as they were guaranteed to do no matter who was in charge. Now they are increasing FAST because of what has happened. Americans care about prices. The higher the prices the more ornery they get. As a matter of fact it’s kind of all they care about. “It’s the economy stupid”
04-29-2026 | 07:15 PM
#1366
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Joined: Mar 2014
Posts: 4,153
Likes: 337
People driving efficient vehicles aren't taking much of a hit. A 50 mpg hybrid it's about $30/month more assuming 15k miles. A 15 mpg truck more like $100/month.
To your credit, so far it seems this has had almost no effect on consumer spending. Hopefully they keep buying airline tickets.
04-29-2026 | 07:29 PM
#1367
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Joined: Apr 2011
Posts: 3,488
Likes: 137
Iran will ride this out longer than the will of the American people to ride this out.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
The difference between sitting on your couch and dropping bombs thousands of miles away. Versus. Having 2 countries drop bombs on your country, kill your leadership, threaten to annihilate you and your infrastructure while in the same breath encouraging you to “uprise.” Iranians are Iranians first. Their hatred of the Ayatollah leadership is far less than their hatred of being bombed and threatened by the United States and Israel.
Good luck trying to ride this out with the Persian empire. They have far more patience than the typical American voter.
38b with zip to show for what’s going to take at least a year to regenerate in trade business. All that under orders of an overlord riding high on empty promises of no new wars. Leaving us but one thing to do now.
04-29-2026 | 07:30 PM
#1368
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Joined: Dec 2007
Posts: 6,193
Likes: 254
Probably because China gets a lot of their oil from Iran. Which is a problem (for them) with the US blockade. A little bit of hurt to go around for everyone until this mess is resolved.
On that note, seems that Iran is about 10ish days away from turning off their oil pipes. If that happens, it’ll either cost too much to turn back on or it won’t turn on due to irreparable damage. Not gonna pretend to be an expert in all this, but if the above is true, there’s a chance this is over soon enough with a deal in favor of the US
On that note, seems that Iran is about 10ish days away from turning off their oil pipes. If that happens, it’ll either cost too much to turn back on or it won’t turn on due to irreparable damage. Not gonna pretend to be an expert in all this, but if the above is true, there’s a chance this is over soon enough with a deal in favor of the US
- $200 oil impact
- US Bond market fragility
- Nov Midterms
Diesel $6
jet A headed to the moon and has several airlines on life support
Pentagon estimates 6 MONTHS to clear the Hormuz
if the Pentagon’s estimate is true deep global recession becomes the base case scenario with a global depression a concerningly high probability
04-29-2026 | 08:38 PM
#1369
Gets Weekends Off
Joined: Nov 2017
Posts: 3,230
Likes: 199
Iran has “shut-in expertise” and has handled this before without permanent field damage in most cases. The patience of the IRGC far exceeds the patience of everyday Americans who were already stretched pre-war. The IRGC are well aware of:
Diesel $6
jet A headed to the moon and has several airlines on life support
Pentagon estimates 6 MONTHS to clear the Hormuz
if the Pentagon’s estimate is true deep global recession becomes the base case scenario with a global depression a concerningly high probability
- $200 oil impact
- US Bond market fragility
- Nov Midterms
Diesel $6
jet A headed to the moon and has several airlines on life support
Pentagon estimates 6 MONTHS to clear the Hormuz
if the Pentagon’s estimate is true deep global recession becomes the base case scenario with a global depression a concerningly high probability
04-29-2026 | 09:36 PM
#1370
Gets Weekends Off
Joined: Nov 2011
Posts: 4,164
Likes: 90
From: Volleyball Player
The US aviation companies folding is Great. Vans, Sonex, now Waco, many others...We see similar things happening in a lot of industries. To some extent, the natural cycle of things, but to a large extent, tariffs ignore how inter-connected business is in the world. What we've seen so far is making "favorites" for large companies that can afford to lobby the administration to cut or remove their tariffs. Meanwhile, it crunches the little guys and virtually nowhere does it "bring back" manufacturing.
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