They will be at 200 dollars a barrel. The markets are in denial about how long this will last.
Trumps attack on Iran - 2026 edition
- Thread starter IT Minion
- Start date
They were happy to take all of the subsidies though
And, no matter how much anyone would like it not to be the case, drilling in 100m, in some of the toughest conditions around, will always be much more expensive than doing the same on land.
Capitalism, Baby
Which is maybe what we should have been and continued to do. Ok present day we might still be thinking 'time for a plan B' however we'd have had decades of direct security and financial benefit from DIY'ing it.
Given Trump admires Putin so much, he's probably happy his Russian mate is benefitting from the Iran war.
The upside of his disastrous intervention (if there is one) is that he will be wiped out in 2028 such that even his hardline supporters can’t seriously claim the election has been stolen.
to keep petrol prices down in US, and reduce his unpopularity, Trump wants to ease off on his buddy Putin.
"
FT.com
"
- The US said it would allow countries to buy Russian oil stranded at sea in an effort to keep a lid on rising energy prices. The UK has since ruled out easing sanctions on Russia.
- German Chancellor Friedrich Merz said the US decision to ease sanctions was “wrong” as he warned over the Kremlin profiting from the war on Iran."
FT.com
"3 hours ago
Anne-Sylvaine Chassany in Berlin
“Easing sanctions now, for whatever reason, would be wrong,” Merz said on Friday in Norway.
Merz added that while there was an oil price problem, there was no shortage: “I would like to know what motives prompted the US government to make this decision,” he said.
“The overriding suggestion is: when will this war end and what strategy will be used to bring it to an end? These questions have not really been answered.”
Merz has grown more critical of the US-Israeli military campaign against Iran after initially supporting it."
FT.com
Anne-Sylvaine Chassany in Berlin
Merz says US decision to ease sanctions on Russia is ‘wrong’
German Chancellor Friedrich Merz said a US decision to ease Russian oil sanctions was “wrong” as he warned over the Kremlin profiting from the war on Iran.“Easing sanctions now, for whatever reason, would be wrong,” Merz said on Friday in Norway.
Merz added that while there was an oil price problem, there was no shortage: “I would like to know what motives prompted the US government to make this decision,” he said.
“The overriding suggestion is: when will this war end and what strategy will be used to bring it to an end? These questions have not really been answered.”
Merz has grown more critical of the US-Israeli military campaign against Iran after initially supporting it."
FT.com
Correct and a handful of US billionaires.
Trump is trying very hard to suppress the vote. He is threatening to veto any new legislation until Congress passes a law which will disenfranchise millions of poor and minority US citizens.
Disenfranchising the poor and minorities sounds like a terrible thing to do.
Disenfranchising people who cannot prove they are US citizens sounds much better, and it would bring the US voter rules in line with most of the rest of the world.
Can non UK citizens vote in UK elections?
Voter fraud in the USA is incredibly rare. The states which have investigated it properly have found it is about three people in a hundred thousand..
Weren't you the one who brought it up as an area of concern. (poor and minorities)?
Yes, funnily enough.
But Trump is dealing with an invented non-issue. All the states who have investigated properly have found vanishingly small numbers of non-citizens registered to vote (about 0.001%) and even fewer incidents of actual voter fraud (about 0.0003%). Why would illegal aliens even try to vote when their primary aim is to stay under the radar. It's all a right wing fantasy.