Iran War and the Impact on Oil

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We should remind readers who started Iran's nuclear project?

It was the US. However, back then plan was to point those missiles at the Soviet Union.

Type in to google "who started iran's nuclear program" see what it comes back with?



FYI
The United States initially provided Iran with its first nuclear power capabilities, starting with the "Atoms for Peace" program in 1957 under President Dwight Eisenhower. The US supplied the Tehran Research Reactor in 1967, along with training and fuel, to foster civilian nuclear energy. Later, Western European companies (such as Siemens/Kraftwerk) and Russia provided additional support.
K=1 Project +4

Key details regarding the development of Iran's nuclear program include:

  • Initial Support: The U.S. provided a 5-megawatt research reactor and highly enriched uranium to the Shah's government, which was a close U.S. ally.
  • Expansion:During the 1970s, Iran signed contracts with German company Kraftwerk Union to build nuclear power plants, such as the Bushehr plant
    .
    • Post-Revolution: After the 1979 Revolution, international cooperation was largely suspended, leading Iran to pursue independent development and collaborations with other nations.
    • Russian Involvement: From the 1990s onward, Russia helped complete the Bushehr nuclear power plant and provided technical expertise.
      K=1 Project
      K=1 Project +4



Despite the initial Western support for a civilian program, the U.S. and other nations later sought to limit Iran's nuclear activities due to concerns regarding potential weapons development.




Moroever Iran was always a member state of the International Atomic Energy Agency (IAEA) since September 16, 1958. Until Trump broke off the agreements in his last term blaming Obama for talking to them. Israel isn't member of the IAEA and no one knows what it has where? Hypocrisy and double standards all the way.
 




 
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All good information and data not otherwise mentioned in our MSM or the BBC. I have heard the same.

Moreover, Trump who is wanting to end this war, has talked with Putin this afternoon to help negotiate with Iran. I have no idea why we don't hear about this piece of news on our MSM as it is very significant. Clearly, it is because Trump doesn't want to lose face.

As above, soldier deaths and injuries and risks to Trump's mid-term elections are all heading due South.

 

Countries agree to record release of emergency oil reserves as prices surge

Crude oil has gapped up today and has risen above $100 a barrel for the second time this week. Trump calmed the markets with his lies the first time around but, inevitbly, it didn't take long for them to realise that Trump isn't in the driver's seat and isn't dictating how this war unfolds. No, that would be Iran. Quite literally, the only thing the U.S. can do is blow stuff up. Nothing else. So, what happens to the oil price: it goes back up. Now the International Energy Agency (IEA) has stepped in to try and calm the markets with the release of 400 million barrels of oil. There's just one incy wincy little problem: this represents just four days' worth of global supply, making it akin to a small sticking plaster on a massive wound with major severed artery.

Apologies for repeating the same message, but if there isn't material change on the ground to indicate that the objectives of the U.S. have been achieved and that those of Iran have failed - then nothing changes. The longer this goes on the worse it gets, the more dangerous it gets, the more uncertain and unstable it gets and the more the markets get spooked. So, keep the faith, panic not and don't get shaken out of your trade. Price will continue to rise unless there's good reason for it not to. Such as? Such as the resumption of maritime traffic (i.e. oil and gas tankers) passing through the Straight of Hormuz. As At' has pointed out, Trump is so desperate for an off ramp that he's even calling Putin for help: the leader he tried to assasinate the last time he phoned him. You can't make this shite up!
 
Yes absolutely Tim and you can clearly see and you don't consume the BS BBC and our MSM flushes down the air ways trying to tell us a story no one else is buying.

Problem is clearly Israel and Nethanyanu. They've now moved off Iran and attacking Lebanon asking millions of people to evacuate so they can grab more territory. Delusional fuckwits have lost all sense of reality. When the dust settles Nethanyanu will become a sacrificial lamb and does the state of Israel think it can ride through all their genocidal mayhem death and destruction they have caused and created in the region? What will history remember and say? The lines between terrorist sponsoring states, Iran and Israel are difficult to draw. Both equally guilty but going by the body bags and death rates and destruction difficult to judge.

As for the US, they have a big up hill climb. They are no longer able to sell WMD as before. The EU is waking up to develop their own military infrastructure adn weapons' programs. The dollar standard is failing as more national banks switch reserves assets. They are unable to produce and / or innovate. Outside of AI and hype, they are struggling to exploit other countries.

Venezuela may have seemed like an easy success and emboldened Trump's delusions of grandeur (like it needed further inflating) but Trump and Nethanyanu will be I reckon a good lesson to the West about limits of their power and capacity to engage in war.

National debt through the ceiling. The Jewish lobby in the US facing a backlash. They can see how their money sponsoring (aka bribing) senators to thinking their way starting wars will go in due course.

Iran is really plaing a fair hand tit-for-tat imo. US/Israel has attacked a bank with civilians in it. Now Iran has told the offendign parties to vacate their banks. US/Israel attacks water treatment plants. Iran will respond in kind. Same for ports. Fortunately, Iran has not attacked schools or hospitals. Just wondering if we will see that. This may sound bad but if US and Israel attack schools and hospitals in Iran, I wouldn't be surprised if Iran eventually retaliates in return.

I'm really curious about Europe and China. How they will respond to a much weakened US? What stick or sweets will Trump take to China with him?

It probably is very bad of me, but am I the only one who'd like to see Trump fall on his face or fall on Israel?

Does anyone else believe Trump when he says this war is near the end and we've won?
 
Hi At',
My thoughts on the three questions you pose at the end of your post are as follows . . .
I'm really curious about Europe and China. How they will respond to a much weakened US? What stick or sweets will Trump take to China with him?
If the narrative about China wanting to take Taiwan has any truth to it, then now - or in the near future - has to be their best chance. In the meantime, it's certainly in the interests of the Chinese to support Iran in any way they can and, if Iran can see off the U.S. threat - that will surely cause the Gulf states to question whether to continue to support the U.S. protection racket - or switch to Iran - backed by China and Russia. It's a no-brainer IMO, but we will see.

As for the EU, the video below outlines their best option. It's just Chinese generated (probably) AI 'slop' from 'Asian Guy' who is ubiquitous on YT and social media: as far as I can tell it's nonsense without any basis in fact. That said, it's absolutely what the EU (and Canada) ought to do, IMO! Enjoy . . .


It probably is very bad of me, but am I the only one who'd like to see Trump fall on his face or fall on Israel?
Without doubt, the U.S. and it's proxy Isreal are the root cause of many (most?) of the world's problems. Note that I say the U.S. and Israel and not Trump and Israel. Sooner or later, I think it was inevitable that the U.S. attacked Iran - regardless of who's in the White House. It happens to be Trump because, as we all know, AIPAC chucked a few shekels at his campaign to become President and the war is one of the conditions of their support.

The problem Israel now has is that Trump has kept to his side of the bargain and it's failed miserably. So, Trump may (and probably soon will) say the war's over and the U.S. has won. He'll quickly turn his attention to Cuba so that MSM have a new conflict to fixate upon. Meanwhile, Israel is on it's own getting absolutely hammered by the Iranians who didn't get Trump's memo about the war being over and that they lost. The big question then is: what will Netanyahu do? My fear is that he'll opt for the quickest, easiest and most expedient option which is to unleash his nukes. At that point, this shit show goes from being very worrying to absolutely terrifying. 😡

Does anyone else believe Trump when he says this war is near the end and we've won?
Even the stupidest of stupid people aren't falling for Trump's BS anymore. Tell us Mr. President, if you've 'won' the war, how come the Iranian regime is still in tact? How come the Iranian people aren't on what's left of the streets cheering on your attacks on their country? How come shipping isn't getting through the Straight of Hormuz? How come the Iranians continue to launch missiles every day if you've destroyed their stockpiles and launch capabilities. The list goes on. The disconnent between what comes out of Trump's mouth and the reality on the ground is clear for all to see. The only person who might believe what Trump says is Trump himself which, in my book anyway, makes him completely unhinged. Without doubt, Netanyahu and Trump are far and away the two most dangerous men on the planet right now.
Tim.
 
As always you elaborate so well and agree w you 100%.

You highlight a very valid point about the ME countries spending billions in US hardware and its worth junk when it comes to defending them. US only defends Israel. These questions are already being asked.

Going forward US have shot themselves in the foot highlighting their deficiency on the battlefield.

On the international n political stage they have confused strategy, weird objectives, confusing statements that don't add up.

If Trump does tighten screws on Cuba their global standing and international reputation will sink even lower than ever before. Might sound like a win, but as u point out Trumps word is in the twighlight zone and who will believe or follow him?
 

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