US/Israel Launches Op Epic Fury Against Iran (5 Viewers)

[jazzeum]

Actually, this thread can wind down now because the WH says the war is over. Sorry, this ain’t Oz where you can click your heels and wish it over.

 

[mikemiller1955]

I'm going to be optimistic today...oil is supposed to be significantly down....the Dow futures are up over 400 points...Trump says there is great progress and he is pleased with the talks with Iran...

Oil prices plunged significantly on Wednesday, May 6, 2026, with US WTI dropping over 9% to around \(\$92–\$93\) per barrel and Brent crude falling below \(\$101\). This sharp decline, which also saw wholesale gasoline and heating oil prices fall, was triggered by reports of a potential deal between the U.S. and Iran to end their conflict, lowering supply disruption fears

 

[jazzeum]

I'm going to be optimistic today...oil is supposed to be significantly down....the Dow futures are up over 400 points...Trump says there is great progress and he is pleased with the talks with Iran...

Oil prices plunged significantly on Wednesday, May 6, 2026, with US WTI dropping over 9% to around \(\$92–\$93\) per barrel and Brent crude falling below \(\$101\). This sharp decline, which also saw wholesale gasoline and heating oil prices fall, was triggered by reports of a potential deal between the U.S. and Iran to end their conflict, lowering supply disruption fears

We’ve seen this movie several times already. It just shows that traders, who are short term thinkers, will grab at any straw of information. If he’s telling the truth (he and the truth are not exactly friends), great, and if not well then we are back where we started.

At any rate, today will be a good day to dump some stock.

 

[mikemiller1955]

This is scary...hope he is just posturing...​

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Trump says Iran war would be worth it even if oil prices doubled 25 minutes ago / 5:49 PM ET

While unveiling plans for a UFC event at the White House lawn for his birthday, Trump told reporters that the U.S.’ role in the Iran war would be worth it even if the price of oil per barrel doubled.

“The stock market is higher now than when we started this war,” Trump said, adding that he expected the price of oil to go up to “$200, $250.”

“And it’s at $100,” the president said. “Even if it went to $200, it would have been worth it.”

By the end of trading Wednesday, U.S. West Texas Intermediate crude was trading at $95.08 per barrel, while Brent crude stood at $101.27 per barrel.
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[Warrior]

This is scary...hope he is just posturing...​

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Trump says Iran war would be worth it even if oil prices doubled 25 minutes ago / 5:49 PM ET​

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While unveiling plans for a UFC event at the White House lawn for his birthday, Trump told reporters that the U.S.’ role in the Iran war would be worth it even if the price of oil per barrel doubled.​

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“The stock market is higher now than when we started this war,” Trump said, adding that he expected the price of oil to go up to “$200, $250.”​

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“And it’s at $100,” the president said. “Even if it went to $200, it would have been worth it.”​

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By the end of trading Wednesday, U.S. West Texas Intermediate crude was trading at $95.08 per barrel, while Brent crude stood at $101.27 per barrel.​

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Yeah..................this guy is not right in the head.

He's really not.

 

[Horus]

The IRGC are just playing for time as is Trump, just for different reasons.
Soon Iran won't have any more storage capacity for the oil still being produced. what do they do then ?
Do they halt production, which will possibly make their oil wells inoperable and have to start again, losing billions, or do they do the unthinkable and let the oil out into the Gulf and threaten to do more ?
Polluting the Gulf would certainly focus attention and might even get them off the hook. The regime are certainly capable of doing that and blaming everyone else for it