Oil prices recovered within minutes of the TACO post. this is a big statement in the markets confidence in Trump's word.

    https://i.redd.it/jguy40isggrg1.jpeg

    Posted by Mojoint

    26 Comments

    1. Independent-Ruin926 on

      Agreed. Also, for the first time the equity market completely ignored whatever those bozos in white House had to say and closed significantly lower with selling pressure throughout.

    2. He has realize there won’t be price relief unless he makes a deal with Iran. And a deal that Iran would be satisfied with.

    3. MysteriousWhitePowda on

      There was some pricing in of a Friday deal to open the strait after his 5 day pause, now the strait will remain closed until at least April 6. The price will continue to go up.

    4. Own-Locksmith7607 on

      Ya, and I think the public is becoming aware of reporting that suggests troops are being mobilized for invasion

    5. Mountain_Strategy342 on

      The availability of solvents and petrochemical based resins for the pharmaceutical/print industries has virtually dried up.

      If you can get any prices are on the rise (35% increase in the price of MEK I. The last fortnight.

      This is going way beyond the price of fuel at the pump and is starting to affect supply chains in a very grave way.

    6. Zippy_the_Slug on

      Maybe “the Iranians want me to be their Supreme Leader but I turned them down” is not a statement that inspires confidence in the President’s credibility.

    7. bubblemania2020 on

      Even if the war ends today, it will take years for the price of oil to stabilize. Thanks MAGA

    8. I am interested to see how far Donald goes and how much **** he spouts to try and suppress oil under $100.

    9. I know i will get down voted into oblivion, it will be interesting to see how cryptocurrency does over the next few months.. so much Money out flowing out of gulf States

    10. Alarming_Head_4263 on

      The market just realized the long term effects of Trump’s war. It doesn’t matter if he stops bombing now. The only question is how long will it take to recover from the bombings.

    11. Deleted_User_Account on

      Turns out Iran trolling the shit out of his fake negotiations and ultimatums is both hilarious and causing people to realise he’s just lying… Which is great – and terrifying. Great because a pedophile with a cult following needs to go. Terrifying because when fuel and naptha feedstock runs out in Asia we’re looking at global economic meltdown. Everything is plastic. We can’t live without plastic in modern society. Every widget, clothing item, packaging, medical implement, etc, etc, etc relies on naptha that goes to cracking plants in Asia. If this gets worse, we’re absolutely beyond fucked.

    12. He tried to stabilize markets tomorrow because people would have gone on a selling spree

      But now it’s just 10 days of more uncertainty what do they need 10 days for?

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