Its pretty amusing to see how effective jawboning has been at reducing the price even though the structural situation regarding crude is getting worse by the day. Even if the IAE does its release of 300m barrels they're limited to 2m barrels per day because they physically cannot release any more than that. This is the well known limit of the infrastructure they've had since as far back as Desert Storm. The nonstop tweets with wrong information before it gets deleted and fake news regarding transits has the markets fully confused regarding what the situation is. The truth is we're seeing the various actors like Bapco declare force majeure because its refinery at Ma'ameer got hit, yet prices drop for crude. Its full on vibe trading and eventually the vibe is going to turn as Trump is recognized as an unreliable source and begin its march upward again.
You aren't wholly incorrect but you also gotta remember that oil jumped to $120 also because of 100% made up bullshit, 'vibe trading' as you were. Its hardly new, its why Trump does his craziest shit on the weekend.
Given that oil was trading at ~$60 before, and the Strait of Homos sees 20% of the global supply pass through, we should have only seen things go to ~$72bbl at the most (20% of 60 is 12, so 12+60 = 72). (now this ignores things such as who is buying the oil and how bad they need it, that the sweet light arabian crude is used to thin out sour oils, etc etc, but I'm speaking in ballpark figures. Vibe Figures.)
The cost would be negligible because the drone war and drone dominated no-mans-land in Ukraine is caused entirely by a lack of capability on both sides to both: secure air superiority and counter drones effectively. If NATO were directly fighting Russia in Ukraine, Russian air defenses would evaporate and every Russian drone operator would be cruise missiled and glide bombed into oblivion. Also JATEC exists to educate NATO forces on the war in Ukraine.
100%. You can't have a drone war when your drone command centers are being vaporized by JDAMs. You can't run drone factories when the enemy keeps flattening them.
This war is showing that WWI-but-drones is only possible when neither side can bring down other airpower.
<insert "Apology to NATO Air Superiority Doctrine form. jpg">
Ah yes, well know international aggressor Switzerland.
Jesus christ is Iran out to hit EVERY neutral country? Fuck.
They don't teach you that part of the Talmud until you get an MBA to enhance your jewishness.
wait, MBA classes teach you how to grow two tails, replace your skin with scales, get slit iris, and grow horns?
Do they circumcise you at graduation?
.......and how does that work for online classes?