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Oil and gas prices plunge after Trump announces Iran deal, reopening of Hormuz Strait

Yarddog

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I have plenty of facts and history to back me up. However, I don't have time to provide them for you. And, I would not be surprised if you would dispute those facts.
No you don't. The same as Trump and his thugs.
 
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Vambram

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hedrick

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The headline may now be out ot date. I've said previously (maybe on a different thread) that the weak point of this agreement was that it required peace in Lebanon. I was hoping Iran wouldn't take that seriously. If they do, the agreement can't work. This negotiation can't solve all the problems in the area around Israel. The only way it can work is to decouple winding down the Iran war from things around Israel. If Iran isn't willing to do that, we have no solution.

Iran says they've closed the Strait again. Vance says they haven't. There's some data supporting Vance, though traffic is far below pre-war days (something he seemed to deny in a Fox intreview). If Vance is right, we could have a workable deal. But if they close the Strait every time there's an issue in the Mideast, we've got a problem with no obvious solution.
 
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Vambram

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I didn't insult you. Trump has made false claims for years but had zero evidence.
I'm not shocked that you don't realize the insult.
 
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RDKirk

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The headline may now be out ot date. I've said previously (maybe on a different thread) that the weak point of this agreement was that it required peace in Lebanon. I was hoping Iran wouldn't take that seriously. If they do, the agreement can't work. This negotiation can't solve all the problems in the area around Israel. The only way it can work is to decouple winding down the Iran war from things around Israel. If Iran isn't willing to do that, we have no solution.

Iran says they've closed the Strait again. Vance says they haven't. There's some data supporting Vance, though traffic is far below pre-war days (something he seemed to deny in a Fox intreview). If Vance is right, we could have a workable deal. But if they close the Strait every time there's an issue in the Mideast, we've got a problem with no obvious solution.
Trump chained himself to Bibi in starting this war.
 
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hedrick

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Trump chained himself to Bibi in starting this war.
Yup. Now he's trying to get loose. It remains to be seen whether he can.

Iran is going to use control of the Straits to try and force Trump to rein in Bibi. I don't think Trump can actually do that. But it's also not clear that Iran has actually closed the Strait. If they simply make bellicose statements but don't actually attack ships, we might be OK.

As of this Sunday morning, there are some reports of ships continuing to move, apparently through channels on the Omani side, and no reports of attacks against ships. But Iran says they've closed the Strait, and the US says Iran doesn't control the Straits.
 
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