There are plenty of reasons to be critical of the war in Iran.

Oil price is not one of them. That's pitting the rights and safety of millions of people in the middle East against paying more for fossil fuel.

It's gross and dehumanizing. If you're doing that- stop it.

#Iran #War #Israel #US #oil #OilPrice

📉 Delivery times from 2 weeks, to 1 month, now 2 months, maybe...

but oil futures are at $100, stock indexes stable. 😑

idk, if I had money I would invest against this market. they seem to live on another planet.🤔

#Recession #Oil #OilShortage #OilPrice #Economy

"Backwardation: Scott Bessent Is Using It To Lie To You About Gas Prices" | Mr Global

#gasprices #explained #iran #straitofhormuz #oilprice #politics #trump

https://www.youtube.com/watch?v=CcrA8qXP9ig

Backwardation: Scott Bessent Is Using It To Lie To You About Gas Prices

YouTube

Presumably this is in reaction to the shitstain saying he doesn't want to extend the cease fire with Iran.

#uspol #uspolitics #fascism #politics #IranWar #OilPrice #oil #IranWar

Oil prices surge and global markets turn volatile as Iran signals closure of the Strait of Hormuz amid rising US-Iran ceasefire tensions. https://english.mathrubhumi.com/news/money/oil-surges-markets-wobble-is-us-iran-ceasefire-uncertainty-triggering-a-global-shock-iv34l997?utm_source=dlvr.it&utm_medium=mastodon #OilPrice #CrudeOil #MiddleEast #IranWar
Iran’s reported re closure of the Strait of Hormuz after Trump vowed to continue the blockade is more than a headline. It puts oil, trade, and diplomacy under pressure at the same time.
#Iran #StraitOfHormuz #Geopolitics #OilPrice

so what can #consumers do?

very little. if you buy #heatingoil look that you have a contract with fixed prices. or fill everything up when prices are ok. that is really the only thing i can think of. apart from accepting that this volatility is out of your control. obsessing over #trump's tweets or spot #oilprice has been SO EXHAUSTING, don't do it. instead, focus on what you can control: #consumption habits and energy choices.

#energy #oil #energycrisis

Hopefully, someone will check trade records late after Shitstain's liefest on Friday that sent oil prices down $10 a barrel. If you haven't kept up:

1) Iran re-closed the strait after Shitstain opened his stupid fucking mouth

2) At least two ships trying to make it through in the so-called "open" period came under Iranian fire

3) Nobody's in the Strait right now other than a couple of Iranian fishing boats and one cargo craft, near shore. None are near the transit area. The one that shows up as present and underway under power hasn't updated its data in almost 12 hours at time of post, so it's safe to assume it's not there.

Images 11 hours apart.

#oil #OilPrice #StraitOfHormuz #IranWar #fascism #FuckTrump #FuckMAGA #FuckTheGOP #lies