
just saw the latest reports and it's properly haunting. 40% of victims in Iran can't even be identified. The human cost is just… heavy. π
But look, as a finance guy, Iβm looking at the Strait of Hormuz and freaking out. If that "tap" closes, our savings are toast. IEA says itβs the biggest energy crisis ever. Even with the ceasefire talks, the blockade is still active.
Straight upβare we ready for $150 oil? Or is this just another scare?
Put some thoughts together on why this "blockade" is a kitchen-table problem for all of us
What do you guys think? Is the era of cheap energy officially dead?
https://www.marqzy.in/2026/04/iran-crisis-faq-oil-prices-economy.html
Posted by Lumpy_Attempt_6280
2 Comments
Did you write that? I realize that this is a lot like shooting i the dark but it looks to me like 150 oil is devastatingly low. We hit 140 in 2008. This is way way bigger. Oil should 300 or 400 not 150. The fact oil is floating in the 90-100 range now screams market manipulation. If that is going on how long can it continue? I imagine that at some stage people will just walk away from the futures markets. I am damn well not going to buy a big tank and speculate on oil prices in my back yard. There isn’t any other way to trade this.
No it will stop at $199 just so your account will be wrong.
When oil peeks at only $199 you will delete your 9 month account in shame!
Seriously, tho 150-180 prices for 3 years is absolutely a possibility. You will have a global recession in places that did nothing to Iran or the USA like Thailand or China.
All these places i a recession will reduce global oil consumption by 20% recessions lower oil demand. So a recession will lower will lower prices. Who want to fly to a a vacation destination right now?
I am saying 150-180 for 3 years because things can change in 3 years more solar more coal to oil more drilling of more expensive oil reserves.
Also, Trump will not admit he is wrong and he is president for 3 more years. Trump is such a jerk places that could help like China or the EU are like no way regardless of my interests