I'll believe it when both countries have publicly explained the terms, it's the same terms, and traffic is flowing thru Hormuz again. Still worth posting, I thought. I'm optimistic.
It’s Wednesday. Right on par for Trump to try and make a deal or talks or hold off on the fighting
Sunday will be when they back pedal. Like clockwork
Salt_Abrocoma_4688 on
“Appear close to deal”
It’s so exhausting how much the mainstream media *still* accepts anything this pathologically lying Administration says at face value.
Xeynon on
I’m tired, boss.
furnace9monkey on
Iran is playing the long game and the Pedo in Chief is too stupid to comprehend
MickKeithCharlieRon on
The more important headline from yesterday not covered by any Western news outlets was Iran allegedly hitting UAE’s Fujairah port that contains the Habsham Fujairah pipeline terminus which has reportedly been carrying 1.6 M barrels a day. It is a key land route out of the Middle East. I am sure it was just a coincidence it happened on the day the US started their new escort service for stranded ships.
steve-eldridge on
The paper price on a barrel of imaginary oil is worth 6% less than the fantasy value previously assessed by a market in denial of reality. The spread right now is over $30 per barrel.
* **Total Daily Disruption:** Analysts estimate a net loss of 8.5 to 9.1 million bpd that simply cannot reach the global market due to physical bottlenecks.
* **Timeframe:** 67 days (February 28 – May 6).
* **Cumulative Loss:** $9.1 million bpd x 67 days ≈ $610 million barrels.
somewhatbluemoose on
Just like the last time this was reported and nothing changed
Chockfullofnutmeg on
A one page memo should be a red flag that isn’t near settled. More like establishing the scope of negotiations.
leighla33 on
Here we go again Jfc
VinCubed on
More Trump admin market manipulation.
purplenapalm on
The market is a joke
ZasdfUnreal on
The sooner this war is over, the sooner Iran collapses into civil war as internal factions compete to take over the country. Everything Trump touches turns to ($&@ and Iran will prove to be no exception.
timberwolf0122 on
Are they close to a deal? Is traffic really flowing (ie more than just 2 boat) call me skeptical but I have my doubts
doctor_morris on
Not only are they close to a deal… They’re close to two separate deals which combust every time they come into contact with reality!
sheltonchoked on
The axios reporter worked for the IDF and has “broken” this news once a week since the war started. Usually after WTI futures hit $100.
Let me know when ships traffic starts back.
iam-leon on
So the price basically doubles but people are excited for it dropping 6% … for a bit… until this deal falls through too.
I think there’s a legit possibility of the strait of Hormuz not opening properly for years.
It feels like a Pandora’s box moment.
THedman07 on
>U.S. and Iran appear close to deal to end war
Do they though? Axios said that they were. Iran hasn’t agreed yet. Trump keeps sending the same demands and acting like an asshole on social media and pretending like that’s progress.
calann4 on
“Crying wolf” every day. Are they trying to desensitize me? Because I’m not sensitive anymore.
Bitter-Culture-3103 on
“Papers don’t move tankers”
v4ss42 on
Ding ding ding! It’s time for round 17 of “pump and dump scam”!
20 Comments
It’s Wednesday. Right on par for Trump to try and make a deal or talks or hold off on the fighting
Sunday will be when they back pedal. Like clockwork
“Appear close to deal”
It’s so exhausting how much the mainstream media *still* accepts anything this pathologically lying Administration says at face value.
I’m tired, boss.
Iran is playing the long game and the Pedo in Chief is too stupid to comprehend
The more important headline from yesterday not covered by any Western news outlets was Iran allegedly hitting UAE’s Fujairah port that contains the Habsham Fujairah pipeline terminus which has reportedly been carrying 1.6 M barrels a day. It is a key land route out of the Middle East. I am sure it was just a coincidence it happened on the day the US started their new escort service for stranded ships.
The paper price on a barrel of imaginary oil is worth 6% less than the fantasy value previously assessed by a market in denial of reality. The spread right now is over $30 per barrel.
* **Total Daily Disruption:** Analysts estimate a net loss of 8.5 to 9.1 million bpd that simply cannot reach the global market due to physical bottlenecks.
* **Timeframe:** 67 days (February 28 – May 6).
* **Cumulative Loss:** $9.1 million bpd x 67 days ≈ $610 million barrels.
Just like the last time this was reported and nothing changed
A one page memo should be a red flag that isn’t near settled. More like establishing the scope of negotiations.
Here we go again Jfc
More Trump admin market manipulation.
The market is a joke
The sooner this war is over, the sooner Iran collapses into civil war as internal factions compete to take over the country. Everything Trump touches turns to ($&@ and Iran will prove to be no exception.
Are they close to a deal? Is traffic really flowing (ie more than just 2 boat) call me skeptical but I have my doubts
Not only are they close to a deal… They’re close to two separate deals which combust every time they come into contact with reality!
The axios reporter worked for the IDF and has “broken” this news once a week since the war started. Usually after WTI futures hit $100.
Let me know when ships traffic starts back.
So the price basically doubles but people are excited for it dropping 6% … for a bit… until this deal falls through too.
I think there’s a legit possibility of the strait of Hormuz not opening properly for years.
It feels like a Pandora’s box moment.
>U.S. and Iran appear close to deal to end war
Do they though? Axios said that they were. Iran hasn’t agreed yet. Trump keeps sending the same demands and acting like an asshole on social media and pretending like that’s progress.
“Crying wolf” every day. Are they trying to desensitize me? Because I’m not sensitive anymore.
“Papers don’t move tankers”
Ding ding ding! It’s time for round 17 of “pump and dump scam”!