Posts: 206054
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted June 23, 2025 03:03 PM            

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Oil is just $68.00 and some change a barrel. And all it took was an attack by the US on Iran.

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posted June 23, 2025 03:08 PM            

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You are wrong. Price did fall for the first few months but has been rising since then.

Also Trump has risked Iran closing its ports and Oil price going up. The secret of trading is knowing when to time the market.

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Posts: 206054
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted June 23, 2025 03:14 PM            

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No, you are wrong. Oil prices have already dropped. This isn't a prediction. It's a fact. Iran will only close its ports as a last resort when they are about to collapse. That is economic suicide for them. And all of the Arab nations would turn on them. We have our naval force there to ensure that Iran couldn't close their ports down. Iran wants to survive as a regime, so they want to de-escalate. They are running out of long-range missiles.

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posted June 23, 2025 03:17 PM            

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Oh please! Iran can always sell to China and India.

India has been listening to USA so far and cut off deals with Iran. But it is realizing America can't be trusted. Pakistan is openly admitting, USA wants Pakistan to be a terrorist country.

Russia is doing very well BTW even when the West wanted it destroyed by sanctions.

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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted June 23, 2025 04:31 PM            

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Putin will want to deal now that the price of oil has dropped.

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