Iran Super Thread- Merged

[Czech_pivo]

There is a willingness to decouple “Fortress North America” from global oil prices. However those suggestions don’t seem to gather that doing that will all but end the Petrodollar as standard.

The weirdest thing is (well to me) so many Republicans seem to think there is some 4-6D chess going on, and that this is all planned out.
Even non MAGA folks.

Have a read of this article that came out this morning - its fairly in-depth and explains the petro-dollar situation that is currently unfolding now, coupled to the US federal debt. Its a paywall, but the archived link is below.

Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz​

https://archive.ph/unQtb

 

[HavokFour]

Even if things ended today prices are here to stay for a while.

Business - France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed

France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage…

www.france24.com

 

[HavokFour]

Unconfirmed, an F-18 allegedly got hit (not shot down) doing a gun run.

https://www.reddit.com/r/CombatFootage/comments/1s3k34z/clearer_video_showing_f18_hit_over_chabahar_iran

Another better angle. I hope the pilot bought a lottery ticket after this, holy crap.

https://www.reddit.com/r/CombatFootage/comments/1s43vmt/detailed_video_shows_yesterdays_unsuccessful

 

[brihard]

Random anecdotal information; my dad lives in Western Australia and drives a diesel Subaru for cost effectiveness.

Australia only has two big refineries left; they import finished petroleum distillates.

A month ago a liter of Diesel for him was AUD $1.39. Last night at his local gas station it’s now $3.09. Regular unleaded is sitting around $2.50.

AUD and CAD are within five cents of par, so it’s equivalent to diesel at about $2.95 here.

 

[Kirkhill]

There is a willingness to decouple “Fortress North America” from global oil prices. However those suggestions don’t seem to gather that doing that will all but end the Petrodollar as standard.

The weirdest thing is (well to me) so many Republicans seem to think there is some 4-6D chess going on, and that this is all planned out.
Even non MAGA folks.

The other danger is the assumption that there is no plan.

 

[PrairieFella]

Random anecdotal information; my dad lives in Western Australia and drives a diesel Subaru for cost effectiveness.

Australia only has two big refineries left; they import finished petroleum distillates.

A month ago a liter of Diesel for him was AUD $1.39. Last night at his local gas station it’s now $3.09. Regular unleaded is sitting around $2.50.

AUD and CAD are within five cents of par, so it’s equivalent to diesel at about $2.95 here.

Its about there in Europe (at least Italy and Germany) while Ive been there. The most expensive I saw was premium diesel for €2.50/L

 

[Czech_pivo]

Its about there in Europe (at least Italy and Germany) while Ive been there. The most expensive I saw was premium diesel for €2.50/L

In Montpellier and Toulouse last week it was 1.79-1.83/L in Euros.