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re: Trump: “ALERT: All purchases of Iranian Oil, or Petrochemical products, must stop, NOW!

Posted on 5/1/25 at 2:36 pm to
Posted by CleverUserName
Member since Oct 2016
17502 posts
Posted on 5/1/25 at 2:36 pm to
quote:

Wait for you to understand that not liking market chaos isn't the same as supporting Iran?


The S&P is up 12.3 percent from this day a year ago. The Dow is up 8% from this day last year at the time of this post.
Posted by This GUN for HIRE
Member since May 2022
6089 posts
Posted on 5/1/25 at 2:51 pm to
It's not just oil, it's chemicals & fertilizer, more specifically urea which they're a top 10-15 exporter.
It's also not just China & Pakistan. Iran exports to nearly 20 other countries.

You trying to minimize that doesn't change the facts.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 5/1/25 at 3:08 pm to
here comes the stock market crash.
Posted by Penrod
Member since Jan 2011
55610 posts
Posted on 5/1/25 at 3:26 pm to
quote:

And now we sit back and watch as Democrats support Iranian OIL

Trump should come out in favor of trannies just to see if they would oppose.
Posted by Bonkers119
Baton Rouge
Member since Dec 2015
12001 posts
Posted on 5/1/25 at 3:28 pm to
quote:

Trump did this in his first term


You mean trump completely disrupted the oil markets and caused the price of gas to skyrocket?
Posted by Chazreinhold
Utah
Member since Oct 2020
7481 posts
Posted on 5/1/25 at 3:29 pm to
quote:

here comes the stock market crash.



Posted by Warboo
Enterprise Alabama
Member since Sep 2018
5919 posts
Posted on 5/1/25 at 4:49 pm to
quote:

You mean trump completely disrupted the oil markets and caused the price of gas to skyrocket?


When did that happen?
Posted by jimmy the leg
Member since Aug 2007
44327 posts
Posted on 5/1/25 at 5:02 pm to
quote:

Wait for you to understand that not liking market chaos isn't the same as supporting Iran?


So you would prefer a stable market, a strong Iran, and a weak America?
Posted by CitizenK
BR
Member since Aug 2019
15772 posts
Posted on 5/1/25 at 5:09 pm to
All of the tinker toy sized tankers hauling as much or less than a Mississippi River barge is product sold by terminal managers for their own profit. When a terminal manager has made enough money, they escape from Iran.
Government doesn't see a dime. Crude oil, asphalt and chemicals A lot of is transferred to large tanker outside the Straits of Hormuz, or to UAE where it is repackaged as from UAE
This post was edited on 5/1/25 at 5:10 pm
Posted by Veritas
Member since Feb 2005
10864 posts
Posted on 5/1/25 at 5:13 pm to
quote:

BREAKING: Oil prices surge toward $60/barrel as President Trump threatens sanctions on any country that buys oil from Iran.


I’m confused

Wasn’t the average price for a barrel of oil during the last administration between $76-$95
This post was edited on 5/1/25 at 5:18 pm
Posted by CitizenK
BR
Member since Aug 2019
15772 posts
Posted on 5/1/25 at 5:28 pm to
quote:

Wasn’t the average price for a barrel of oil during the last administration between $76-$95


WTI and Brent are just widget of specifications. Actual oil is indexed to these depending on chemical assay. Higher metals content is the biggest hit a crude oil can take, from my understanding.

Posted by Veritas
Member since Feb 2005
10864 posts
Posted on 5/1/25 at 5:30 pm to
Ok but what is surging and compared to what
This post was edited on 5/1/25 at 5:31 pm
Posted by cadillacattack
the ATL
Member since May 2020
10826 posts
Posted on 5/1/25 at 5:47 pm to
Brother Trump laying it down for the CCP
Posted by CitizenK
BR
Member since Aug 2019
15772 posts
Posted on 5/1/25 at 6:00 pm to
quote:

Ok but what is surging and compared to what


ZERO surge. A few cents difference in price today from yesterday.
This post was edited on 5/1/25 at 6:02 pm
Posted by CitizenK
BR
Member since Aug 2019
15772 posts
Posted on 5/1/25 at 6:04 pm to
The OP cites some goober from X.
Posted by Da Sheik
Mar a Lago
Member since Sep 2007
9283 posts
Posted on 5/1/25 at 6:20 pm to
Lmfao! You prolly right!!
Posted by DawgCountry
Great State of GA
Member since Sep 2012
33385 posts
Posted on 5/2/25 at 7:44 am to
quote:

Washington, DC


checks out
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477259 posts
Posted on 5/2/25 at 7:47 am to
I thought this was already illegal?
Posted by troyt37
Member since Mar 2008
14684 posts
Posted on 5/2/25 at 7:52 am to
quote:

You mean trump completely disrupted the oil markets and caused the price of gas to skyrocket?


Wish we had some of those skyrocketed Trump gas prices now, and for the last 4 years...
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