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Biden ‘discussing’ Israel blowing up Iran’s oil — causing global spike in crude prices
NY Post ^ | Oct 3, 2024 | Steven Nelson

Posted on 10/03/2024 9:22:37 AM PDT by McGruff

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To: jerod
It shouldn’t ... Nobody buys Iranian oil... Except Russia and China. Europe and North America’s supply shouldn’t be affected by Israel’s coming air strikes.

If Iranian oil is taken off the market Russia and Red. hina WILL buy from other sources. The worldwide price WILL be affected. That’s how it works with cungibke commodities.
41 posted on 10/03/2024 10:32:30 AM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: McGruff

Funny how Biden had disappeared until Israel got into the news.


42 posted on 10/03/2024 10:36:19 AM PDT by SaxxonWoods (.You will suffer from one: The pain of discipline or the pain of regret. )
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To: jerod

If they can’t buy Iranian oil then they will uy elsewhere, raising prices everywhere.

For me, I would pay twice the price tor energy to see the mullahs go broke and be overthrown.


43 posted on 10/03/2024 10:50:58 AM PDT by Ancesthntr ("The right to buy weapons is the right to be free." - The Weapons Shops of Isher)
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To: McGruff

True to form. Both he and obama intentionally put a target on the backs of Navy SEALs when they announced to the world who whacked Bin Laden. It was also an implied promise to Al Q to help them get payback, which they did with Extortion 17.

Change my mind.


44 posted on 10/03/2024 10:55:31 AM PDT by DPMD
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To: McGruff

Joe giving Iran advance warning or something making us pay more for gasoline before the election.

My laughing is out of control.


45 posted on 10/03/2024 10:57:08 AM PDT by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS-REMEMBER REV. NIEMOLLER)
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To: McGruff; All

Biden should blow up Iran’s nuke making facilities. Hopefully Trump won’t tip-toe around this issue like everyone else the last two decades…. and just DO IT!


46 posted on 10/03/2024 10:59:52 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: McGruff

Biden is a decrepit lunatic. In the old days, the Soviet Union would have disappeared a fossilized leader like this.


47 posted on 10/03/2024 11:05:09 AM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: McGruff

I believe we had sanctions on them at one time. Hmmmm....what happened?


48 posted on 10/03/2024 11:08:01 AM PDT by Sacajaweau (mY)
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To: McGruff

Bull chips...."Biden" doesn't even know what day it is. DNC using same playbook it always has. Someone is hoping to cripple the US economy pushing union mafia to go on strike to create shortages and implementing extreme weather to create shortages, then grinding transportation to a halt since fuel sources have been exported.

49 posted on 10/03/2024 11:10:39 AM PDT by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
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To: McGruff

HEY JOE !!! STFU !!!!!


50 posted on 10/03/2024 12:29:15 PM PDT by wardamneagle
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To: McGruff

HEY JOE !!! STFU !!!!!


51 posted on 10/03/2024 1:11:31 PM PDT by wardamneagle
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To: Dr. Sivana; jerod
If Iranian oil is taken off the market Russia and Red. hina WILL buy from other sources.

Russia does not import any Iranian oil.

Regards,

52 posted on 10/03/2024 1:27:24 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: SaveFerris

It’s October!
Surprise!!!
Woohoo!! October Surprise!!!

>>>>>>>>>>>>>>>>>

Indeed, there is ALWAYS an october surprise! It’s like a law written in stone.

I think that Israel’s response to Iran’s unprecedented attack against Israel will be a highly memorable one...
Lets not forget that we now know Iran specifically targeted Israel’s civilian nuclear plant. Yes, you read that right.
Luckily, that plant was particialty well protected, they managed to destroy those incoming ballistic missiles... Thus, the intent of Iran was to cause absolute havoc in Israel.

Israel’s response will be memorable.


53 posted on 10/03/2024 2:30:23 PM PDT by USA-FRANCE
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To: jerod

China would have to adjust by buying from those suppliers to Europe. There are other Asian countries in the mix too, Japan, S. Korea, etc. Even if it doesn’t seem “connected”. most everything is.

I continue to maintain that Israel should take out Iran’s refined products capability. That goes mostly to domestic consumption. So, flatten their refineries, refined products IMPORT terminals, and any major refined products storage. No fuel - Iran grinds to a halt.


54 posted on 10/03/2024 5:29:59 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: jerod

And, I should add, Iranian crude that was going to their refineries now has nowhere to go but export. If anything, that would cause a small drop in global prices.


55 posted on 10/03/2024 5:32:47 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: econjack

Biden does not want higher prices right B4 the election...


56 posted on 10/03/2024 5:34:01 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: alexander_busek

Do they transship some?


57 posted on 10/03/2024 5:35:45 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: delta7

That’s not “Z’s” fault. Global prices have been moderate in recent months, and it pretty much appears that if they had gone up markedly, various sources would have adjusted output upwards to take advantage of it. $70 appears to be the “global” break point. (It varies from country to country, of course!) Above $70, there is incentive to respond by producing more. Below $70, you may lose money, not be able to support your welfare state, or whatever.

If Bite Me had not continued emptying the reserve, the market would have most likely compensated anyway, months ago. The situation in 2024, so far, has proven to NOT be one that would drive prices over $100 / bbl, even without the SPR releases. Of course, being libs, with an election coming, Biden’s people probably figure that they have to try to steer the market anyway.


58 posted on 10/03/2024 5:54:14 PM PDT by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: McGruff

Thanks sleepy Joe!!! My Suncor stock was up today.


59 posted on 10/03/2024 6:17:06 PM PDT by Sam Gamgee
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To: SaveFerris

Not a good plan for us “little people “


60 posted on 10/03/2024 6:18:40 PM PDT by Pete Dovgan
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