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US inflation jumps to 3.8% as energy costs surge from Iran war

bbc.com

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Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#271

Earlier quoted context omitted.

https://www.washingtonpost.com/investigations/2026/05/06/ira... https://archive.is/fR8Do

Taking damage does not mean destroyed.

Ahh, so you mean the bases are fully functional and all personnel are back there?

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#272

Earlier quoted context omitted.

Short, medium and long-term this will spur the world to move off of fossil fuels. I'm not a fan of war, especially this stupid one, but that one benefit may be, unintentionally, worth it.

It's nice to be optimistic, but we already have incentives to upgrade to renewable energy.

If you look at it from a world rather than USA perspective, expensive oil is encouraging other countries to buy new energy tech and EVs from China. It was probably going to happen anyways, but Trump sped it up.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#273
post #162

Earlier quoted context omitted.

> I can't think of a single way in which the United States came out ahead in the war. I wouldn't jump to conclusions yet. The war is not over. I wouldn't even be so sure as to say Iran is in a good place right now. Iran can absorb more pain than the US, but even that has a deadline. For the US, the only pain is inflation, which is more a matter of political capital than anything tangible. Trump is a lame duck preside…

> Iran can absorb more pain than the US, but even that has a deadline. It doesn't. This is the western mentality, thinking you are dealing with sane people. I'm from Iran (now living in the West), there's a famous Shia motto: "Every day is Ashura, every land is Karbala". Around 30% of the population are die hard IRGC supporters, another 10% are neutral and the rest don't like the regime. The problem is that, the war…

> It doesn't. This is the western mentality, thinking you are dealing with sane people.

I'm not talking about sanity. I understand that the IRGC is greater than the sum of the parts and that no individual life matters.

I'm talking about the oil wells. The IRGC may not care about human life, but you need money to stay in power. Money that will disappear the longer you can't sell your oil and the more oils you have to cap.

> The problem is that, the war has caused a major rally around the flag effect.

I don't believe you. Do you have proof? Iran is pretty damn closed off from the rest of the world so I have a hard time believing that you have some great insider knowledge about this.

> I'm not a fan of IRGC. My 20 year old cousin was captured and tortured in Evin prison for 6 months during the Mahsa uprising in 2022 [3]. You can't imagine how much I hate them, but I love Iran more. If I was there, I would be fighting the Americans right now.

I don't believe you. I'd believe you saying that you'd be against America, but not that you'd be fighting them. If that were true, why are you not traveling to Iran to join the IRGC right now?

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#274
post #32

I can't think of a single way in which the United States came out ahead in the war. We have * Demonstrated that the US simply can't offer any meaningful security guarantee to it's middle east partners. * Permanently ceded de facto control over the straits of Hormuz to Iran * Significantly strengthened the hardliners in the Iranian regime and cleared the way for them to have absolute power by eliminating all moderates…

Short, medium and long-term this will spur the world to move off of fossil fuels. I'm not a fan of war, especially this stupid one, but that one benefit may be, unintentionally, worth it.

Ah, 'demand destruction', which in sounds positive in theory but in practice will likely mean poverty, famine and 'population reduction'.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#275
post #223

Earlier quoted context omitted.

> like every single conflict the US went into since ww2 Depends on how you connect conflicts to strategic aims. The US won the cold war. Could they have done so without all the military conflicts? Further, what's the best way to maintain a strong fighting force? By fighting. The US needs wars to maintain it's fighting muscle.

> The US won the cold war. They won it so hard they're not even aware it's still going on...

If you're referring to China, that's a new cold war.

Russia can't even beat it's much smaller, much poorer neighbor in a full on war.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#276
post #130

A completely unnecessary war that benefits no one other than Israel and harms the rest of the world. The only positive to come from this is the annihilation of US military assets in the Middle East and an even deeper unity of the world against Zionism. It’s tough times but we will ultimately defeat this heinous ideology.

Russia is also benefiting. China less so, but it gives them advantage in their competition with west.

China is going to be selling solar panels and EVs at triple the previously projected rate after this crisis.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#277

Earlier quoted context omitted.

[flagged]

Hezbollah was formed after Israel's 1982 invasion of Lebanon, which killed 17k+ people, mostly civilians, and which Israeli historian Ilan Pappé said was mainly unprovoked (see below). Israel's explanation for why they decided to risk killing tens of thousands of non-Israelis - which is ultimately what their invasion did - was highly dishonest. The reason for Israel's invasion of Lebanon in 1982: Israel said it invad…

> Israel's 1982 invasion of Lebanon [...] which Israeli historian Ilan Pappé said was unprovoked

"Unprovoked" is wildly inaccurate, and not even the most anti-Israel historians like Pappé claim that. The provocation was very clear: the PLO paramilitary bombarding Israeli towns from southern Lebanon.

If Mexican cartels started bombarding San Diego, would anyone say that a US response was "unprovoked"?

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#278

Frankly, it is a miracle that inflation is this low. Markets have not fully metabolized the impact from the closure of the Persian Gulf.

I keep thinking this but... line keep going up. I've seen reporting that energy prices won't return to pre-war levels this calendar year, even assuming an immediate return to the status quo basically right now (which seems unlikely). I find the whole thing really confusing. The facts I can see with my own eyes suggest high inflation and this surely means no substantial rate cuts (which... the market has expected) if…

> But the markets think everything is... fine? So... what are we missing here?

The current rally is extremely narrow, mostly just AI/Big Tech and chip stocks. But yeah, the "market" appears to believe that this will all be over soon, which seems unlikely to me.

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#279
post #162

Earlier quoted context omitted.

> I can't think of a single way in which the United States came out ahead in the war. I wouldn't jump to conclusions yet. The war is not over. I wouldn't even be so sure as to say Iran is in a good place right now. Iran can absorb more pain than the US, but even that has a deadline. For the US, the only pain is inflation, which is more a matter of political capital than anything tangible. Trump is a lame duck preside…

> Iran can absorb more pain than the US, but even that has a deadline. It doesn't. This is the western mentality, thinking you are dealing with sane people. I'm from Iran (now living in the West), there's a famous Shia motto: "Every day is Ashura, every land is Karbala". Around 30% of the population are die hard IRGC supporters, another 10% are neutral and the rest don't like the regime. The problem is that, the war…

> there's a famous Shia motto: "Every day is Ashura, every land is Karbala".

The shared cultural context is so low that as an American, I have absolutely no idea what this means. If I had to guess, "zealotry" or "patriotism"?

Re: US inflation jumps to 3.8% as energy costs surge from Iran war

#280
post #106

Earlier quoted context omitted.

i live in the suburbs and gas could 2x, 3x in price and my wallet wouldn't notice. i fill up a couple times a month.

How often do you buy groceries? How are groceries transited over to your local store?

I buy groceries 5-7 times a week. I buy things pretty by-need, for the next thing I'm cooking.

I can walk to my local $KROGER or drive 1min (which I do when I'm buying more than I want to carry.)

I assume they get to the store the same way they get to the stores in the cities. On trucks. A lot of what I buy (meat and produce) is grown in the state I live in. So I can make a 6-serving chicken and orzo dish for under $15 easily, for instance. I got it down to $10 when the meat is BOGO too.

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