Tankers damaged/sunk in the persian gulf.

fuzzy · Post by **fuzzy** » 13 Jun 2019, 11:38

Tankers damaged/sunk in the persian gulf.

https://www.zerohedge.com/news/2019-06- ... -oil-soars

Fill up your jerrycans

Post by **adam2** » 13 Jun 2019, 12:14

AFAIK no tankers have been sunk, but even the threat thereof is a serious matter.
Jerry cans already filled !

30L of petrol in RED jerry cans and about 100L of paraffin in BLUE jerry cans, and another reserve of paraffin in the plastic containers in which it is supplied.

Extra logs on order which IMHO is just as important. Any shortage of heating oil could greatly increase demand for fire wood.

PS_RalphW · Post by **PS_RalphW** » 13 Jun 2019, 12:14

Price is still $20 below the annual peak of $85 Brent.

I did order a top up on my heating oil a few days ago (smug grin)

This is a bit more serious than the previous attacks (?) as there appears to be more damage done, but so far it is low key, and with oil prices dropping low enough to make US fracking very unprofitable I am not sure the US is too upset.

Post by **adam2** » 13 Jun 2019, 12:21

The oil price has increased, but only modestly and is indeed well below prices reached within the last 12 months.

This I find surprising.

ReserveGrowthRulz · Post by **ReserveGrowthRulz** » 13 Jun 2019, 16:31

US E&P's are going to LOVE IT!!! Free cash flow bump!

Post by **adam2** » 13 Jun 2019, 19:39

"USA blames Iran for attacks on tankers"

https://www.bbc.co.uk/news/world-middle-east-48630374

ReserveGrowthRulz · Post by **ReserveGrowthRulz** » 13 Jun 2019, 21:04

adam2 wrote:"USA blames Iran for attacks on tankers"

https://www.bbc.co.uk/news/world-middle-east-48630374

If we actually get some decent shooting started between the US and Iran, it could be a wild ride for oil producers. Russia and Saudi Arabia won't have to cut production because Iran will probably come offline to some extent, prices will go up, and the only loser will be Iran in terms of lost revenue and whatever military hardware the US aims at. But they can take pride in having created a nice revenue increase for everyone else, friend and foe alike!

raspberry-blower · Post by **raspberry-blower** » 14 Jun 2019, 09:33

Moon of Alabama: The attacks on the ships in the Gulf of Oman are not in Iran's interest - or are they?

Post by **adam2** » 15 Jun 2019, 09:52

BTW, I saw a splendidly ironic sight yesterday, an ELECTRIC car being driven to a filling station in order to fill jerry cans with petrol !

Little John · Post by **Little John** » 15 Jun 2019, 10:19

So, here we go.

The next act in the Yank imperialist destruction of the middle east. A country destroyed, and untold death and destruction.

The rest of the world sees this for exactly what it is.

Post by **adam2** » 15 Jun 2019, 12:23

https://www.youtube.com/watch?v=6Lr65p0KmCA

Is a link worth viewing IMHO, hopefully it is not prophetic.

ReserveGrowthRulz · Post by **ReserveGrowthRulz** » 15 Jun 2019, 15:29

Little John wrote:So, here we go.

The next act in the Yank imperialist destruction of the middle east. A country destroyed, and untold death and destruction.

The rest of the world sees this for exactly what it is.

Well, except for us Yanks anyway. A continuation of the Carter Doctrine is just a continuation of the Carter Doctrine, nothing new really.

Except now we don't need the oil like we did back then, the US having built it self to a oil and natural gas producing superpower. Another one of those advantages of us Yanks I suppose, besides the world can see whatever it wants but it sure can't do much about it.

So when are you Brits going to collect yourself a real Navy again?

woodburner · Post by **woodburner** » 15 Jun 2019, 18:08

The problem is the US has Bolton and Pompeo, both extreme warmongers. I think Corbyn was right to ask for credible evidence, and that was justified by Huntâ€™s (that is the correct spelling) dismissive remarks.

If theyâ€™re not blaming Iran theyâ€™re blaming Russia, itâ€™s always someone elses fault.

woodburner · Post by **woodburner** » 15 Jun 2019, 18:10

adam2 wrote:https://www.youtube.com/watch?v=6Lr65p0KmCA

Is a link worth viewing IMHO, hopefully it is not prophetic.

The video was published more than 10 years ago.

Perhaps this is more relevant for an understanding of he problem.

raspberry-blower · Post by **raspberry-blower** » 15 Jun 2019, 18:49

Craig Murray: The Gulf of Credibility