Iran tells world to get ready for oil at $200 a barrel

goodmythical

ATH was <$148 and we're not even breaching COVID highs and we're down ~30% from three days ago.

bitroughj

That would be a foolish move for Iran, but they seem to be making a lot of foolish moves. Isn’t there a saying about never throwing away the moral high ground? As though they are trying to out-stupid Netanyahu’s man in the whitehouse.

10xDev

They are attempting MAD but without nukes. The problem is that while the US seems to have obliterated Iran, they have no endgame plan on actually accomplishing a regime change. They thought about arming Kurdish Iranians but wen't against the idea, now we seem to be in a perpetual state of "it is over / it is not over".

mannyv

Iran has perfected the "full of shit" playbook. The press repeat it because clickbait.

thomassmith65

Yesterday I posted the following link to an interview with David Woo (he's a finance guy). It's on this topic, and quite good: David Woo: The Market Is Wrong About Iran, Oil and What Comes Next https://youtube.com/watch?v=W2Z6UVv_wl4