Strait of Hermuz

[sumdumguy]

US clobbered Iran’s nuclear sites, risky business. Now What?

[Taiga]

Wish I had bought fuel 10 days ago, up 30 cents since then.

[shtferbrains]

The market doesn't seem to have the same opinion on the Iranians threats as the MSM.

Oil is down bigly with Brent off over $5 bbl at mid day.

[WiltonRanch]

90% of Iran’s oil exports goes to China at an $11 per barrel discount. Half of the oil revenues go to making payments on Chinese loans. Debt trap. Iran is a significant producer of strontium which is used in electronics and metallurgy. Iran imports most of its food. You know where the majority of this shit moves through? Granted there’s overland routes like Iran prides itself in but nothing compared to the capacity of water. Iran shoved out 8 million barrels worth of oil tankers into the ocean unpriced. Think the regime thought they were smart playing 4d chess, block off Hormuz and make a healthy profit on spec oil but markets not in their favour.

[furrowtickler]

All bets off now

[shtferbrains]

That one was for domestic consumption only?
It was after that the price of oil dropped.

[WiltonRanch]

Trump just said Israel and Iran agreed to a ceasefire. Nothing to see here move along.

[shtferbrains]

More important for Canada, we just signed on with the EU to combat climate change.
Carney thinks because he was happy with all the EU regulatory, DEI, and Climate Change initiatives that we must think that is the way.

He love his Europe with their highly regulated economies with 3 levels of government.

No need for any input from Canadians or Parliament.
He knows the New World Order is going to be better for us.

[furrowtickler]

More important for Canada, we just signed on with the EU to combat climate change.
Carney thinks because he was happy with all the EU regulatory, DEI, and Climate Change initiatives that we must think that is the way.

He love his Europe with their highly regulated economies with 3 levels of government.

No need for any input from Canadians or Parliament.
He knows the New World Order is going to be better for us.

This should be very concerning for all farms .
The day Carney was anointed this was in play

[shtferbrains]

We don't really need Parliament anymore.
We get our directions from Brussels.