Oil Prices Have Jumped 12% Since Friday as War Risks Return

[Weird Tolkienish Figure]

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Have-Jumped-12-Since-Friday-as-War-Risks-Return.html

[DefiantMassRINO]

When peace was declared, I started buying oil stocks for my roll-over IRA.  Just because Trump says it's over doesn't mean it's really over.

The Iranians' greatest weapon is fear.  As long as they can keep scaring ships out of the Strait of Hormuz, they have the upper hand.

The IRGC needs to be annihilated for Iran's internal situation to change.  I'm not aware that this Administration is doing anything meaningful and relevant to change the situation on the ground in the Persian Gulf.

Bombing, alone, does not win wars.  Bluster has not ended the Ukraine conflict and it won't end Iran's nuclear weapons program.

The IRGC needs to be annihilated on the ground by 'vigilantes', 'insurgents', or 'militias' for Iran's internal situation to change.

[IsailedawayfromFR]

When peace was declared, I started buying oil stocks for my roll-over IRA.  Just because Trump says it's over doesn't mean it's really over.

The Iranians' greatest weapon is fear.  As long as they can keep scaring ships out of the Strait of Hormuz, they have the upper hand.

Their biggest weapon is cash by selling oil, which they cannot do unless we permit them.

To defeat Iran we must keep their ability to raise cash in limbo.

Since I worked for several oil companies, I have lots of oil stock and have been reaping the bonanza by doing some serious selling when crude went over $100/b.