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$100 Oil? Attacks on Iran Trigger New Inflation Fears
Liberty Nation ^ | Jun 22, 2025 | Andrew Moran

Posted on 06/22/2025 10:01:14 PM PDT by E. Pluribus Unum

All eyes on the futures market Sunday night.

Will crude oil prices hit triple digits now? And what about the inflation effects? Wall Street will receive the first taste of investors’ reactions to President Donald Trump’s attacks on Iran when the futures market opens at 6 p.m. EST on June 22. All eyes will be on the stock market benchmark indexes, Treasury yields, precious metals, bitcoin, and, most importantly, oil and natural gas.

Iran So Far Away

What a difference a few weeks can make for the global energy markets. From the president’s inauguration to just before the Israel-Iran conflict escalated, oil prices had been down nearly 20%. Energy, a significant driver of price inflation, appeared to be at the bottom of the public’s economic concerns. However, now that the United States seems likely to be entangled in Middle East strife once again, oil could become a significant concern for businesses, consumers, and monetary policymakers.

In recent days, economists at major banks have estimated where oil prices are likely to head. Goldman Sachs offered a realistic estimate of a $10-a-barrel risk premium, meaning oil prices could trade near $90. Citibank analysts projected that crude might surge as much as 20% above pre-war levels. JPMorgan Chase and Barclays said prices could hit triple digits and climb well above $100 per barrel.

Market watchers have identified two key issues that could trigger higher prices: supply disruptions and a narrow waterway known as the Strait of Hormuz.

Hey, Tehran, Got Oil?

The conflict might result in the removal of Iranian oil supplies from international energy markets. Today, Tehran produces more than three million barrels of oil per day, ranking tenth in the world. This might lead to short-term disruptions in global energy flows...

First, virtually all of Iran’s exports are directed to China, so this would...

(Excerpt) Read more at libertynation.com ...


TOPICS: Foreign Affairs
KEYWORDS: 2026wipeout; andrewmoran; andrewmoron; bloggers; chinabuys90pct; concerntroll; concerntrolling; fakenews; gopisdone; panicans; tds; zot
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1 posted on 06/22/2025 10:01:14 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum
First, virtually all of Iran’s exports are directed to China, so this would primarily be a headache for Beijing. Indeed, the Chinese regime may need to rely more on other trading partners for its energy needs, but this could be a regional issue rather than an international crisis observed at the onset of the Ukraine-Russia war.

Second, the Organization of the Petroleum Exporting Countries (OPEC) has a significant amount of spare capacity that could easily fill the three-million-barrel gap. The world’s largest oil cartel essentially admitted this in a recent report, noting that countries did not meet their production goals after ending the voluntary reduction this past spring out of fear that more output could weigh on prices in the open market.

Third, other countries produce far more than Iran, including the United States (13.5 million), Saudi Arabia (11 million), Russia (11 million), Canada (5.5 million), Iraq (4.7 million), and the United Arab Emirates (4 million).

Lastly, the global economy is expected to register a supply surplus this year and in 2026. Even if three million barrels are eliminated from the marketplace, it might not be enough to flip it into a deficit. Remember, the United States is still producing record levels of crude oil, reaching nearly 13.5 million barrels per day in April. OPEC, too, would unwind its production freeze at a much faster pace than initially expected, energy analysts predict.

If accurate, interesting factors to keep in mind.

2 posted on 06/22/2025 10:06:39 PM PDT by fidelis (Ecce Crucem Domini! Fugite partes adversae! Vicit Leo de tribu Juda, Radix David! Alleluia!)
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To: E. Pluribus Unum
Not gonna happen.

3 posted on 06/22/2025 10:23:26 PM PDT by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and His mercy endures forever. — Psalm 106)
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To: E. Pluribus Unum

Over 90% of Iran’s crude oil exports are currently headed to China. According to Kpler (via The Wall Street Journal), China purchases more than 90% of Iran’s exported oil .

This trend has held through 2024–2025, with other private sources and analysts reaffirming that approximately 90% of Iran’s oil is sold to China .

Even closing the straight would decimate China’s economy


4 posted on 06/22/2025 10:28:43 PM PDT by NoLibZone (Trump failure: Not declaring Antifa a terrorist organization.)
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To: E. Pluribus Unum

IBMFHNSIS - In Before mucus Fills His New Special Iran Sock


5 posted on 06/22/2025 10:41:35 PM PDT by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: E. Pluribus Unum
Oil prices currently surging... down...

Who knows, it could spike up if something blows up, but could drop of Iran capitulates. Most speculation is fear mongering, no one knows what's coming.

6 posted on 06/22/2025 10:43:27 PM PDT by Wayne07
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To: E. Pluribus Unum

Prices a.ready climbing in my town. Any old excuse to raise prices will do. Back up over $3.50 now


7 posted on 06/22/2025 10:54:17 PM PDT by Bob434 (Time flies like an arrow, fruit flies like a banana)
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To: Wayne07

Didn’t Iraq touch their own oil wells just to F over the world during Desert Storm?


8 posted on 06/22/2025 10:55:21 PM PDT by Blue Highway
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To: Blue Highway

* Torch


9 posted on 06/22/2025 10:56:17 PM PDT by Blue Highway
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To: E. Pluribus Unum

An even better reason to kill the remainder of the Green New Scam and start drilling baby drilling.


10 posted on 06/22/2025 10:57:52 PM PDT by rfp1234 (E Porcibus Unum)
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To: Wayne07

Trump was right when he called so many ‘panicans’. There are so many people just wanting to panic over every since thing nowadays.


11 posted on 06/22/2025 11:04:14 PM PDT by Polanski
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To: E. Pluribus Unum

Why would Iran cut off its supply CHIna? 🤔


12 posted on 06/22/2025 11:31:31 PM PDT by Texas Eagle ("Throw me to the wolves and I'll return leading the pack"- Donald J. Trump)
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To: Bob434

𝘗𝘳𝘪𝘤𝘦𝘴 𝘢𝘭𝘳𝘦𝘢𝘥𝘺 𝘤𝘭𝘪𝘮𝘣𝘪𝘯𝘨 𝘪𝘯 𝘮𝘺 𝘵𝘰𝘸𝘯. 𝘈𝘯𝘺 𝘰𝘭𝘥 𝘦𝘹𝘤𝘶𝘴𝘦 𝘵𝘰 𝘳𝘢𝘪𝘴𝘦 𝘱𝘳𝘪𝘤𝘦𝘴 𝘸𝘪𝘭𝘭 𝘥𝘰. 𝘉𝘢𝘤𝘬 𝘶𝘱 𝘰𝘷𝘦𝘳 $3.50 𝘯𝘰𝘸.

I noticed that prices jumped to around $3.30 just shortly before father’s day after holding around $3.00 a gallon for the last year or so.


13 posted on 06/23/2025 1:44:22 AM PDT by Antihero101607
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To: E. Pluribus Unum
As I write this - 1:45 AM PST - USA/Europe oil and gold are DOWN - each less than 1%.

Who saw that coming?

14 posted on 06/23/2025 1:50:39 AM PDT by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
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To: E. Pluribus Unum

here we go with fear again


15 posted on 06/23/2025 2:07:26 AM PDT by ronnie raygun
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To: E. Pluribus Unum

I have a personal rule. Any article with a title that’s a dire prediction followed by a question mark is automatically ignored.


16 posted on 06/23/2025 2:52:13 AM PDT by Hazwaste (Democrats and other communists are like slinkies. Only good for pushing down stairs.)
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To: NoLibZone

The straits are not only used by Iran and there is no reason that they can’t let their own ships through


17 posted on 06/23/2025 3:41:54 AM PDT by Supdag
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To: E. Pluribus Unum

A rise in the price of oil due to the bombing of Iran’s nuclear facilities isn’t inflation.

Inflation means a general increase in prices across the entire economy over time, usually caused by too much money chasing too few goods.

But if the price of oil goes up because of a supply disruption, a war, or OPEC cutting production, that’s not inflation—it’s a relative price change. It’s the market reacting to changes in supply and demand for oil specifically, not a broad decline in the value of money.

Inflation would be if oil and food and rent and wages and everything else rose at the same time, persistently, without a clear reason tied to supply and demand. A spike in oil might cause inflation later if it pushes up the cost of many goods and services, but the oil price itself going up isn’t inflation—it’s just the market working.


18 posted on 06/23/2025 3:42:03 AM PDT by RoosterRedux ("There's nothing so inert as a closed mind" )
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To: E. Pluribus Unum

Drill baby drill!


19 posted on 06/23/2025 4:07:49 AM PDT by Recompennation
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To: E. Pluribus Unum

Step up US production. Open permits to drill and do emergency refinery permits. Time to stop US dependency on foreign oil.


20 posted on 06/23/2025 4:25:55 AM PDT by Mlheureux
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