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  1. 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

  2. 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.

  3. furnace9monkey on

    Iran is playing the long game and the Pedo in Chief is too stupid to comprehend

  4. 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.

  5. 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.

  6. Chockfullofnutmeg on

    A one page memo should be a red flag that isn’t near settled. More like establishing the scope of negotiations. 

  7. 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.

  8. 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

  9. 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!

  10. 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.

  11. 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.

  12. >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.

  13. “Crying wolf” every day. Are they trying to desensitize me? Because I’m not sensitive anymore.

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