Global Events & Politics Überthread

thethe said:
So you're saying Irans actions to spike oil prices cannot be countered? Thats not part of Trumps calculus?
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You misunderstand the point of bringing up oil prices in the first place.

It’s an unprecedented supply shock after less than 2 weeks of conflict. I have no doubts things like SPR releases can help with short term prices (also depleting the reserves isn’t a good thing). But these are not sustainable solutions

And yet you seals are laughing calling everybody panicans because prices are up only 10% from Friday.
 
chop2chip said:
You misunderstand the point of bringing up oil prices in the first place.

It’s an unprecedented supply shock after less than 2 weeks of conflict. I have no doubts things like SPR releases can help with short term prices (also depleting the reserves isn’t a good thing). But these are not sustainable solutions

And yet you seals are laughing calling everybody panicans because prices are up only 10% from Friday instead of 20%.
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The SPR releases will calm prices for weeks - Just in time for the US to take complete control of Southern Iran.
 
Russia acting adamant, taking the side of Iran.
$3.29 per gallon as of 10AM.
Take that China.

Who'da thunk a guy that ran a gambling casino ( the term playing with house money) into the ground would blunder us into this, quagmire ?
Haven't seen that term in this context since late 60s.
Quick without google, what were the headlines in those days ?

I'd love to be reading this wrong, but, I seen this movie
 
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