Earlier quoted context omitted.
Depends, I just want to point out that the US is a net exporter of Oil. They also secured oil imports from Venezuela while at the same time in 2 strokes seriously hurt Chinese oil imports. If the goal was to hurt China / BRICS and kneecap Iran it seems on point. It's always hard to predict how the USA will vote when "war" is happening.
They don’t need Venezuela look up Guyana next door its the new oil country in the region
US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
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Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#42It was my understanding the the tankers could not be insured or it was prohibitively high cost without the margin cost covered and therefore could not pass through. https://www.spglobal.com/energy/en/news-research/latest-news... Either way for sure this will cause further backlog. And for what.
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#43Earlier quoted context omitted.
I'm actually somewhat surprised Iran is openly telling us they are using underwater drones for this. That piece of technological advance has gone mostly under the radar (!) so far.
> That piece of technological advance has gone mostly under the radar (!) so far The Ukraine would like to have a word.
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#44Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#45The US will make a LOT of money from selling their oil at premium. https://x.com/sentdefender/status/2032091651422720197 *Edit: Now I understand that some companies may make more money, but the economy overall may suffer. *Seems like I hit a nerve with stereotypical people groups.
Plus gas is largely immune to sales tax and we don't really tax corporations so this will largely lead to no revenue for the US and instead just record profits for Exxon.
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#46One of the self-owns of all time. Triggering a global supply chain crisis right before midterms is bottom of the barrel strategy. But then again, who expects competency from any recent American administration, most especially this one?
Depends, I just want to point out that the US is a net exporter of Oil. They also secured oil imports from Venezuela while at the same time in 2 strokes seriously hurt Chinese oil imports. If the goal was to hurt China / BRICS and kneecap Iran it seems on point. It's always hard to predict how the USA will vote when "war" is happening.
This 'Venezuelan oil' is a pipe dream for the moment. It will take a significant amount of years to get anywhere near completed.
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#47Why did they attempt to pass the closed Strait of Hormuz?
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#48Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#49Earlier quoted context omitted.
I'm actually somewhat surprised Iran is openly telling us they are using underwater drones for this. That piece of technological advance has gone mostly under the radar (!) so far.
> That piece of technological advance has gone mostly under the radar (!) so far The Ukraine would like to have a word.
Re: US- and Greek-owned tankers ablaze after Iran claims 'underwater drone' strike
#50One of the self-owns of all time. Triggering a global supply chain crisis right before midterms is bottom of the barrel strategy. But then again, who expects competency from any recent American administration, most especially this one?
Depends, I just want to point out that the US is a net exporter of Oil. They also secured oil imports from Venezuela while at the same time in 2 strokes seriously hurt Chinese oil imports. If the goal was to hurt China / BRICS and kneecap Iran it seems on point. It's always hard to predict how the USA will vote when "war" is happening.
USA, Europe, and many other countries depend on China for manufacturing. I doubt that this is going to solve inflation.
But it will fill the pockets of a few people in oil rich countries that can still export.