Iran Is Going Scorched Earth Mode

[gab13by13]

Iran just attacked the largest refinery in the ME. Iran has been attacking refineries in numerous ME countries, so far the damage has been minimal but significant enough to temporarily shut down the refineries.

Iran is using the strategy to make the price of oil so high that the US and Israel will end the war, it's like a murder/suicide strategy.

When/if Iran starts targeting oil export facilities then the shits going to hit the fan.

I look and the price of crude and see that Dubai crude which targets the ME is 115 dollars a barrel today but West Texas crude is 86 dollars a barrel today. Which number is the most accurate?

I admit, maybe I'm wrong, but when a Democrat is president the price of gas surges just for switching seasonal blends. Now we have a war in the ME, refineries are being blown up and West Texas crude is below 90 dollars/barrel?

[Goonch]

1. ;-{)....

[Johnny2X2X]

2. It's a brand new world

Drones have completely changed the game. There is no way to stop them all, any country can attack infrastructure targets in their region of the world and it's very cheap to do. The only answer is to negotiate peace.

[gulliver]

13. Drone control by regime change

The drones are so cheap compared to their destruction and intimidation potential that you simply can't allow a government like the Iranian Islamic Republic to exist. You can't eliminate the drones, so you need to eliminate any government that would launch one. Sooner or later.

[Johnny2X2X]

14. So WWIII is the answer?

Only way to prevent this is to have regime change in about 20 countries.

[gulliver]

15. Iran's Islamic Republic regime can be an example

There's only so much that can be tolerated from crazy, theocratic, Islamic mullah regimes. If they are near something critical, like the Strait of Hormuz, they simply can't be allowed any power whatsoever. That narrows it down to Iran for now. If possible.

[Johonny]

3. Its pretty clear their biggest weapon

Is economic. If they can get oil prices over 150$, the war will be over in their opinion.

[OC375]

4. It's almost like someone benefits when ME oil is dangerous and pricey to obtain?

I wonder where a down on its luck world goes for gas, when it can't go the ME?

How quickly does a work around become SOP? Especially given logistics of a JIT delivery world?

[mopinko]

6. the biggest lie most ppl believe- the market hates instability.

wrong. that’s where the money is, in risk.
my ex worked for cboe for 25 yrs. the inside joke was- the only thing that can ruin our biz is an extended period of peace and prosperity.

[fujiyamasan]

8. There's a lot of money to be made capitalizing on fear and uncertainty

Volatility trading (and selling puts in particular) can be lucrative. It’s not without its own risks.

[mopinko]

10. that's where most of the money is.

[Ferryboat]

7. Middle Eastern wars have always spiked the price of oil.

Get ready for the return of the 70's. Iran targeting oil infrastructure will create the conditions needed for supply disruption.
TSF and his administration are way over their head.
Christian Nationalists leading the charge, these sick fucks are creating the conditions for the end times.

[SamuelTheThird]

11. And Iran is going to induce a global recession (or worse)

[Horse with no Name]

12. What do they have to lose?

Nothing. They are being bombed into oblivion and they won’t take any prisoners.