US oil prices surge +7%, rising above $89/barrel, as markets react to Iran closing the Strait of Hormuz and denying reports of a second round of talks with the US.

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    Posted by FeatureAggravating75

    15 Comments

    1. Competitive-Sir-7087 on

      Who from Iran is feeding this info to the media? I’m envisioning multiple factions vying for control, each with their own level of jihadism..

    2. SeaworthinessSad8892 on

      I really don’t understand what Trump’s plan was.  Did he honestly think that Iran would end its blockade and he could just continue his own?  

    3. And as i read this, some “trader”
      Is making “perfectly timed” millions. Can’t wait to read more about that in the next couple of days.

    4. NewImportance8313 on

      It’s literally predictable. There’s a pretty clear trend with this lmao. No wonder someone’s making millions.

    5. Well I woke up to my sewer line blowing out, so now have a shitty basement and the world is still shitter than that.

    6. Friendly-Profit-8590 on

      This either gets talked out or bombed out. Think most hope it’s the former. Imagine talks of a second meeting resume soon.

    7. Electrical-Strike132 on

      What’s happening with actual real world oil movement and supply? All I hear are these price fluctuations that are based on Trump’s ramblings.

    8. it went up on relatively mellow vol., so the shorts likely haven’t been squeezed yet, more of a “wait and see” so far, and more “natural” then these recent sell-offs. i really doubt any of the nefarious overlord traders expected the weekend to turn out like this.

    9. Child fucker Don just sent out an expeditionary crew to find Oil Ocean zone from Sonic 2 and save us from this crisis

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