Recent content by timsk

  1. timsk

    Iran War and the Impact on Oil

    I've written to my MP about this conflict and attach a pdf of the letter to this post. If you share the sentiments expressed and want to use it as a template to write to your political representative - be my guest. Cut 'n paste, edit as you see fit - hope it helps! Tim.
  2. timsk

    Iran War and the Impact on Oil

    I'm confused At'! Ali Khamenei was assasinated on 28th February and Trump has been boasting about it!
  3. timsk

    Iran War and the Impact on Oil

    Hi At', I've noticed a massive amount of AI content on YouTube recently. Speaking personally (not giving advice about what you - or others - should do), my default position is to start with the assumption that what I'm viewing is completely false AI slop - unless it comes from a verified trusted...
  4. timsk

    Iran War and the Impact on Oil

    Virtually all western media focuses on the Trump administration and how it sees the war progressing and pays scant regard to Iranian voices and how they view it. In response to the latest news that the U.S. is considering using 'boots on the ground' to take the strategically important Kharg...
  5. timsk

    Iran War and the Impact on Oil

    The monthly chart of Brent Crude below highlights the next obvious resistance level of circa $140.00. Note that this was last hit in March 2022 following the start of Russia's SMO in Ukraine the month before. Because of the sanctions imposed on Russia, the price spiked over fears of global...
  6. timsk

    Iran War and the Impact on Oil

    Hi At', My thoughts on the three questions you pose at the end of your post are as follows . . . 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...
  7. timsk

    Iran War and the Impact on Oil

    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...
  8. timsk

    Climate Change

  9. timsk

    Iran War and the Impact on Oil

    Great wisdom and insight from the ever excellent Prof. John Mearsheimer. Enjoy . . .
  10. timsk

    Iran War and the Impact on Oil

    Needless to say, the entire narrative about Iran being a potential nuclear threat to the U.S. and using that as a justification for the war is total BS. Iran is a threat to U.S. hegemony and control over the oil rich gulf states because of its allegiance to BRICS. It's oil that dictates the...
  11. timsk

    Iran War and the Impact on Oil

    Anyone following along with this needs to keep the faith, ignore the criminal politicians and compliant MSM. Yesterday's sell off was nothing more than a huge collective sigh of relief and professional profit taking in resonse to Trump's outright lie that the war was almost won and would likely...
  12. timsk

    Iran War and the Impact on Oil

    Britain Has Just Two Days’ Worth of Gas Stored Up – Sparking Fears of a Supply Shortage as Iran Shuts the Strait of Hormuz and Bombards Gas and Oil Refineries Will this situation result in the U.K. government applying pressure on the U.S. to cease it's unprovoked war of choice against Iran? Like...
  13. timsk

    Iran War and the Impact on Oil

    What's next for oil? Well, the easy predictions of the U.S. and Israel attacking Iran and then the latter closing the Straight of Hormuz have been made. And the knock on effect on the price of a barrel of oil was a no-brainer, as it was clear from looking at the chart that the consequences of...
  14. timsk

    Iran War and the Impact on Oil

    Brent Crude will continue to rise while the war escalates. As expected, the volatility is wild with a daily range of circa $6.00. As this market is purely event driven, we have to pay close attention to the news and any sign that one side has landed a significant blow against the other. E.g. if...
  15. timsk

    Iran War and the Impact on Oil

    A commander in Iran’s Revolutionary Guard Corps (IRGC) said on Monday that the strait was “closed” and that any vessel attempting to pass through the waterway would be set “ablaze.” Shutdown of Hormuz Strait raises fears of soaring oil prices A really interesting YouTube video from Brian...
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