alt Hacker NewsLast week the US stated they didn't need any of the oil, and that if other countries wanted it they could go figure it out themselves. Looks like they have. And yet the US is now back to threatening Iran if they don't open up the oil.
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It’s the same grift all over again. The market will drop 2-3% Monday. Jared and Jr will load up on options, WTI puts, and whatever other BS they do.
Then Tuesday we’ll announce that “good talks have happened” and bridge day is delayed. Maybe they’ll roll out the Shah’s nephew or whatever and pave the way for an announcement of a transitional government.
They’ll push the strikes until late in the week or early next week to maximize volatility - next Friday is the April options expiry. It likely the Treasury is intervening in the oil markets, so there’s likely a counter-trade there as well.
I’ve 3x’d my salary on this trade as an observer, the insiders are printing cash. Eventually the credibility of the office of the POTUS will erode to a point where it is going to blow up, we probably have another 3-5 rounds of this.
It is the weekend, of course there is a threat. Tomorrow there will be a deal.
> And yet the US is now back to threatening Iran if they don't open up the oil.
Trump's most recent statement ( https://truthsocial.com/@realDonaldTrump/posts/1163519987825... ):
"Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell - JUST WATCH! Praise be to Allah. President DONALD J. TRUMP"
New deal: There is a toll 5 million usd per tanker, and oil must be paid in RNB not USD.
Basically Iran put sanction on US. I guess Trump expected fight or something.
Israel wants to completely destroy Iran so than no one would be willing to in any way challenge its occupation of Palestine, nor its ambition to expand into Lebanon, Syria, Jordan, Egypt and beyond.
Then there's an element of extremist Christian ideology from Pete H. etc.
Hormuz has little to do with it, it's just an excuse to destroy Iran.
Trump has been convinced that the Iranians are after him, plus there's the Epstein kompromat that the Israelis have on him. He's the only US president compromised enough to destroy Iran for them, war crimes and all.
>And yet the US is now back to threatening Iran if they don't open up the oil.
Because no matter how much they pretend it doesn't affect the US, oil is a global market.
>And yet the US is now back to threatening Iran...
It's not you specifically, but there's a broader sociological problem where we anthropomorphize countries and then claim they are doing things.
The average person in the US is not threatening Iran, and rationally the US cannot be said to be threatening Iran. What's happening is that an elite clique of Epstein-adjacent legacy-power-trolls (aka The US Government) are threatening Iran.
The US does not have legs, arms, or hands, it cannot do anything. This turn of phrase in which the US (or any country) does something is a semantic-contraption of legacy-power designed to make citizens (whether left, right, or undecided) feel psychologically-responsible for the actions of a entrenched-class of elite-warmongers who do not represent them; and have not represented them for, likely, thousands of years.
We are 1 Year and 3 months into this current administration, 2 years and 9 months remain. Despite the short period in office, so much damage and chaos has being caused by one individual and the sycophants who surround him.
It is a fact that the reputation of the USA has being damaged, perhaps not repairable for decades or more. This will have consequences.
Perhaps, I hope, Americans will take action to save the democratic norms and institutions that so many of them have claimed to cherish. Before he has dismantled and replaced too many to salvage. Or perhaps they have work tomorrow.