Iran

#27,603
#27,603
TVOLS said:
This has really turned into a ****show, be interesting how Trump somehow saves face in this debacle. Iran is ready to fight, is Trump? or just drop more bombs that leads to nothing.
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It has been a **** show from the get go. I’m thankful that more people are starting to realize that our government ain’t working for our benefit.
 
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#27,606
#27,606
"The prolonged closure of the Strait of Hormuz since the start of the Iran conflict is significantly elevating the risk of a global economic downturn. According to Bloomberg and Rapidan Energy Group, if the vital trade and energy chokepoint remains shut through August, the world could face a recession rivaling the scale of 2008."
 
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#27,609
#27,609
volfanhill said:
"The prolonged closure of the Strait of Hormuz since the start of the Iran conflict is significantly elevating the risk of a global economic downturn. According to Bloomberg and Rapidan Energy Group, if the vital trade and energy chokepoint remains shut through August, the world could face a recession rivaling the scale of 2008."
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Yikes
 
#27,612
#27,612
"A top ExxonMobil executive warned that oil prices could surge to between $150 and $160 per barrel within weeks as conflict in the Middle East drains global inventories – a spike that would likely send gasoline prices higher.

Neil Chapman, senior vice president at ExxonMobil, told investors at the Bernstein 42nd Annual Strategic Decisions Conference in New York that global inventories could reach critical lows within "two to three weeks."

"Once you get to that point", then you'll see price shoot up," Chapman said, according to CNBC."
 
#27,614
#27,614
BernardKingGOAT said:
There's degrees to it. There has never been a shat show like this administration.
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Yes. Each administration seems to eclipse the previous one, which is why I’m convinced this is all intentional with the goal being to consolidate all the wealth and to leave the rest of us incapable of owning anything and competing without the oligarchy’s approval.
 
#27,618
#27,618
volfanhill said:
"The prolonged closure of the Strait of Hormuz since the start of the Iran conflict is significantly elevating the risk of a global economic downturn. According to Bloomberg and Rapidan Energy Group, if the vital trade and energy chokepoint remains shut through August, the world could face a recession rivaling the scale of 2008."
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Just buy the dip man.
 
#27,619
#27,619
volfanhill said:
"A top ExxonMobil executive warned that oil prices could surge to between $150 and $160 per barrel within weeks as conflict in the Middle East drains global inventories – a spike that would likely send gasoline prices higher.

Neil Chapman, senior vice president at ExxonMobil, told investors at the Bernstein 42nd Annual Strategic Decisions Conference in New York that global inventories could reach critical lows within "two to three weeks."

"Once you get to that point", then you'll see price shoot up," Chapman said, according to CNBC."
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Well
That's
Fantastic.
 
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#27,624
#27,624
volfanhill said:
"A top ExxonMobil executive warned that oil prices could surge to between $150 and $160 per barrel within weeks as conflict in the Middle East drains global inventories – a spike that would likely send gasoline prices higher.

Neil Chapman, senior vice president at ExxonMobil, told investors at the Bernstein 42nd Annual Strategic Decisions Conference in New York that global inventories could reach critical lows within "two to three weeks."

"Once you get to that point", then you'll see price shoot up," Chapman said, according to CNBC."
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Nice. Are we great yet?
 
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