Iran War Update

[DCT]

9 minutes ago, thetragichippy said:

Looks like we are going from Iran controlling the strait to the USA controlling the strait.    

He did want joint control of the strait with IRAN.  The beginning of a new venture. They just have to figure out how to split the earnings.

[Porter]

1 hour ago, TheMissingBand said:

Hey, how do you feel about this statement now that Trump is promising to blockade the Hormuz?

 

I’ll bet it changed, lol.  You’d better start asking what you’re supposed to believe before you state your beliefs, but remain ready to switch stances within a few hours of his Fatness demands it. 
 

MAGA has no beliefs of their own, only what Daddy thinks.  

Maybe I am wrong in thinking this but from what I read the U.S. is going to sweep the Strait of Hormuz for mines I would think you’d want to block it off till there done so no one gets blown up. 
 

I promise you Trump doesn’t tell me what to think, I’ve been very critical of him on this forum but I also will give him kudos when he does something good for the country like he has with the border.

[DCT]

11 minutes ago, thetragichippy said:

Looks like we are going from Iran controlling the strait to the USA controlling the strait.    

Do you agree?  I know Regan does.

[thetragichippy]

5 minutes ago, DCT said:

He did want joint control of the strait with IRAN.  The beginning of a new venture. They just have to figure out how to split the earnings.

Listening to Trump, he is sending mind sweepers and destroyers (the ones CB said would get blown up if they went to the strait lol) and making it safe for everyone to pass but Iran.   This was Iran’s last bargaining power and it appears they are going to lose that.

I think this is a great move and probably part of the initial plan.  

[DCT]

Just now, thetragichippy said:

Listening to Trump, he is sending mind sweepers and destroyers (the ones CB said would get blown up if they went to the strait lol) and making it safe for everyone to pass but Iran.   This was Iran’s last bargaining power and it appears they are going to lose that.

I think this is a great move and probably part of the initial plan.  

I hope you are correct.  I think he is throwing things at the wall and seing what sticks.  This war has gone beyond the two more weeks period.  ⏳🌊

[DCT]

3 minutes ago, DCT said:

I hope you are correct.  I think he is throwing things at the wall and seing what sticks.  This war has gone beyond the two more weeks period.  ⏳🌊

Anything positive is a plus.  No ships are soldiers were injured.

[baddog]

27 minutes ago, DCT said:

 I think he is throwing things at the wall and seing what sticks

Not Trump at all.

[Reagan]

1 hour ago, DCT said:

Do you agree?  I know Regan does.

We have to do something because China is sending them replacement military parts.  And ironically, so is Spain.  Spain is sending supplies to help with Iran's drones.   We quarantined Cuba from Russia in the 60's and it worked!  

[Reagan]

1 hour ago, DCT said:

I hope you are correct.  I think he is throwing things at the wall and seing what sticks.  This war has gone beyond the two more weeks period.  ⏳🌊

I don't see Trump as being this type of individual.  He knows what he wants.

[TheMissingBand]

18 minutes ago, Reagan said:

I don't see Trump as being this type of individual.  He knows what he wants.

He knows what he wants, but this time he’s not getting it like he felt like it would happen, and he’s obviously out of his element.  
 

Trump: “open the Strait of Hormuz!”

Them: “No.”

Trump: “I really mean it! Open it up!”

Them: “answer is still no.”

Trump:  “then I’m going to close the Strait of Hormuz, too!!!”

Them, laughing: “ok.” Eye roll emoji. 
 

How is this hurting Iran or forcing them to the table? He literally doesn’t know that he’s doing.  The rest of the world knows it, too.  
 

Lil’ Donny T is getting his behind spanked like he did by Joe Biden. 

[thetragichippy]

55 minutes ago, TheMissingBand said:

He knows what he wants, but this time he’s not getting it like he felt like it would happen, and he’s obviously out of his element.  
 

Trump: “open the Strait of Hormuz!”

Them: “No.”

Trump: “I really mean it! Open it up!”

Them: “answer is still no.”

Trump:  “then I’m going to close the Strait of Hormuz, too!!!”

Them, laughing: “ok.” Eye roll emoji. 
 

How is this hurting Iran or forcing them to the table? He literally doesn’t know that he’s doing.  The rest of the world knows it, too.  
 

Lil’ Donny T is getting his behind spanked like he did by Joe Biden. 

Lol, he’s closing it? It what world do you get information? He’s taking it away from Iran…..

[Porter]

1 hour ago, TheMissingBand said:

He knows what he wants, but this time he’s not getting it like he felt like it would happen, and he’s obviously out of his element.  
 

Trump: “open the Strait of Hormuz!”

Them: “No.”

Trump: “I really mean it! Open it up!”

Them: “answer is still no.”

Trump:  “then I’m going to close the Strait of Hormuz, too!!!”

Them, laughing: “ok.” Eye roll emoji. 
 

How is this hurting Iran or forcing them to the table? He literally doesn’t know that he’s doing.  The rest of the world knows it, too.  
 

Lil’ Donny T is getting his behind spanked like he did by Joe Biden. 

Difference being is if we close it while mine sweeping is done NOBODY goes through which means economical disaster for them, no way for them to survive without selling and moving their oil. Oil is their life line. 
 

 

[Reagan]

1 hour ago, TheMissingBand said:

He knows what he wants, but this time he’s not getting it like he felt like it would happen, and he’s obviously out of his element.  
 

Trump: “open the Strait of Hormuz!”

Them: “No.”

Trump: “I really mean it! Open it up!”

Them: “answer is still no.”

Trump:  “then I’m going to close the Strait of Hormuz, too!!!”

Them, laughing: “ok.” Eye roll emoji. 
 

How is this hurting Iran or forcing them to the table? He literally doesn’t know that he’s doing.  The rest of the world knows it, too.  
 

Lil’ Donny T is getting his behind spanked like he did by Joe Biden. 

Sorry to bust your bubble.  Trump has so far accomplished just about everything he’s wanted!  

[thetragichippy]

19 minutes ago, Porter said:

Difference being is if we close it while mine sweeping is done NOBODY goes through which means economical disaster for them, no way for them to survive without selling and moving their oil. Oil is their life line. 
 

 

All the while, 90 super tankers are headed to America to fill up😎

[Reagan]

13 minutes ago, thetragichippy said:

All the while, 90 super tankers are headed to America to fill up😎

Sound like America first to me!  😎

[TheMissingBand]

2 hours ago, thetragichippy said:

All the while, 90 super tankers are headed to America to fill up😎

Just curious… what do you expect this to do to the price of WTI? 

[thetragichippy]

52 minutes ago, TheMissingBand said:

Just curious… what do you expect this to do to the price of WTI? 

Is crude will increase demand, but only temporary. Once the military operation reopens the strait and traffic starts flowing, the oil prices will drop. The spike is really not supply but fear. Once the strait is open, the fear will be gone. 

[thetragichippy]

57 minutes ago, TheMissingBand said:

Just curious… what do you expect this to do to the price of WTI? 

I’m just curious, do you want Trump and our military to be successful in safely opening the strait?   

[OlDawg]

51 minutes ago, thetragichippy said:

Is crude will increase demand, but only temporary. Once the military operation reopens the strait and traffic starts flowing, the oil prices will drop. The spike is really not supply but fear. Once the strait is open, the fear will be gone. 

Yes. WTI—which is actually light, sweet crude—will remain slightly elevated against Brent simply because of access. It can’t elevate in price too much because it’s almost a byproduct for the U.S.

We have more than enough light, sweet crude and our refineries are mainly set up to process heavy, sour.

What many don’t understand is that it’s actually more expensive to refine the heavy, sour that we import. But, because of environmental policies through the recent decades, we don’t use as much oil as many think. Also, heavy, sour can be refined into multiple more products like diesel, asphalt, pharmas, and other petrochemical products whereas light, sweet is primarily only for gasoline, kerosene, jet fuel. It actually becomes more cost efficient to import heavy, sour and export the sweet. Plus, it’s a way of using our oil exports as diplomacy, and steadying the global market.

WTI never really gets that much separation from Brent simply because global buyers know the U.S. has to pretty much just unload a lot of it because we can’t use it all.

Hopefully, my comments are helping make more sense to some out of a hard to understand commodity market. If nothing else, y’all are learning more about the overall business. There’s a lot more to it than most know. They just see gas prices and hear the price of oil. They’re not getting a bigger overview.