Well, _some_ kind of rumour is flying around the markets I guess

I mean it's not exactly been steady trading lately regardless and this is a decent spike

(I guess it could just be slow reaction to military news, idk. I'm more just, "huh, that's neat")

#OilPrice #IranWar #economy

Iranian source saying talks have broken off, Shitstain saying he doesn't care if they go silent, that "we" can wait.

There _are_ major "other fronts" they can open. The Bab-el-Mandeb Strait is quite narrow and the Gulf of Aden isn't invulnerable Obviously given the Suez Canal to the north it's less overwhelming than the Strait of Hormuz, but it'd still be a massive, and I do mean massive, fucking problem.

This is a shoe people have been waiting to see drop since March.

https://aje.news/xhk3kr?update=4618108

#news #IranWar #fascism #FuckTrump #FuckTheGOP #FuckRepublicans #oil #OilPrice

93.7% Middle East dependency even after a 66% import crash. No policy paper accelerates structural energy change like a supply shock of this scale. Japan's diversification timeline just got set externally.
#oilprice #oil

Saw noise about this last night, I don't know if this is a total across multiple days or if it's a single day, etc.

#IranWar #StraitOfHormuz #oil #OilPrice

today in "how bad is it?": US #SPR

#iran #iranwar #oilprice #energy #energycrisis

today in "how bad is it?":

saudi crude #oil production

#iran #iranwar #oilprice #energy #energycrisis

Absolutely love Fatih Birol's dry delivery of obvious messages on the impact of #Trump's campaign on #Hormuz and #oilprices, but he doesn't stop there. Last line a killer for all #UK #drilling wannabes: opening your 2 or 3 fields (here's to you #Rosebank #Jackdaw) will have ZERO impact on #oilprice & UK consumers will pay exactly the same at the pump. If there was ever an argument to shut #Reform & #Farage up & accelerate #energytransition.

https://www.channel4.com/news/global-oil-stocks-are-coming-slowly-but-surely-to-an-end-says-energy-expert

#Iran #oil #energy

Global oil stocks are coming ‘slowly but surely’ to an end, says energy expert

We sat down with Dr Fatih Birol, the director of the International Energy Agency, at London's Chatham House. 

Channel 4 News

that's neat

wonder what was up with that?

not completely out of line with news about ukraine's latest strikes on russian oil facilities but they're doing that all the time lately, it hasn't been a big factor

interesting

#oil #OilPrice #economy #FuckTrump

This is probably very unlikely to be a factor, but we literally can't know.

And that's why events like that are called black swans. You don't see those coming either.

#oil #OilPrice #IranWar #FucKTrump