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.

 

[tomydoom]

It’s 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

I took this while out for a walk by my house near Dublin, last weekend. Apparently the prices have dropped now due to a combination of lower crude prices and the government cutting 15 cents from the tax on diesel and 10 cents off petrol.

 

[HavokFour]

Oh hey, look at that.

‘Freaked people out’: Iran war could crimp Gulf allies’ US investments​

Archive

“What has really freaked people out is that the Gulf Arabs have warned that they’re a couple weeks away from having to repatriate tens of billions of dollars in investments from the United States,” said one of those people. “When these guys do that, it is going to be immensely destabilizing and contradictory to the president’s investment goals.”

Any pullback on investments from Middle Eastern governments will limit the amount of capital available to U.S.-based tech startups, investment firms and big businesses that have come to rely on the region’s sovereign wealth funds and government-backed investment vehicles as a key source of cash.

If those countries withhold capital to, among other things, rebuild their depleted missile defense systems, “that’s a problem,” said a second person, one of the three familiar with the administration’s conversations about the investment concerns.

“When you can’t have people flying into Dubai and feeling safe at the airports being stricken across the pond from Iran, it’s not good for tourism there,” the person said. “So you could have that situation where it leads to not being able to invest the trillions of dollars the Gulf has promised to invest in the U.S.”

 

[ytz]

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

That wasn't luck. Pilot broke hard into the missile.

 

[The Bread Guy]

It's not just oil prices adding to Vlad's pocket book from all this.

Russia Eyes New Windfall as Iran War Chokes Fertilizer Supplies - The Moscow Times

Russia stands to reap gains from surging global fertilizer prices amid the U.S.-Israeli war with Iran, adding to Moscow's windfall from higher oil and gas revenues.

www.themoscowtimes.com