Will we get an energy crunch from the Iran conflict?

I’m curious if this EU-Iran agemeent has not been announced, until DJT’s demand expire tomorrow and possibly the immediate future afterwards.

Interesting politics going on here also.

Yeah, why not. I think that the politics of the EU in next 20 years or so will be heavily influenced by Russia and China rather that the US. Because if the US gets their asses handed to them by Iran I think they will go isolationist at they did in the 1020ties and thirties.

Strange.

Trump posted Saturday afternoon (Swiss time) his 48 hours ultimatum. So it ends Monday 4pm or thereabouts.

But a few hours ago he posted again, what’s in the screenie, implying that the ultimatum doesn’t end until Wednesday 2am or so (Swiss Time).

Wouldn’t that be Wednesday 2:00 A.M. Swiss Time?

Oh, you’re right, the shift is of course in the other direction.
Corrected.

Shit, have a flight on Thursday which would be the second day of world war…

ES Future did just open 0.7% down, now 0.8%, choppy trading but not much loss at the moment.

Now that everybody bets on TACO Tuesday probably this time it is serious… :thinking:

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I have kind of a bad feeling. I mean they had decades and tons of money to buy and hide long range missiles and they could reach probably any target in Europe. Not sure if Europe has the needed defense systems for that situation and probably the U.S. will not help this time.

Where can I recommend targets?

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Care to explain your logic? Whetever you may think about the Iranian regime (for the record they are vile), they are the victims in this war,. The Russians are the aggressors in the Ukraine war. It’s the Americans that have put themselves in the same moral (and legal) position as the Russians, the EU that are at least somewhat consistant in not supporting the aggression.

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In the end I think that Realpolitik will ultimatly overcome any moral standing.
(I also think that we could call this the first energy war by the way.)
When EUropeans begin to suffer then EU politicians will be forced to cut deals with Russia for cheap energy if they wish to stay in power.

I suspect that Tel Aviv would be first.

Aren’t they already? But they have the defense systems and the Americans. Europe will have to hold conferences for at least 2 weeks before even starting to use their defense… oh, wait, they did already with no result!

Let’s hope for TACO Tuesday!

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From a military point of view it would make more sense for your enemy to deplete their stock of expensive defence capabilities on the cheap stuff and then when the patriots are exhausted bring out the good stuff to whack Israel and the US.
The danger there is of course that your enemies have spicy warheads.
But in my humble opinion that is not off the table, in fact the more this drags on the more likely it will happen.

I’m not so sure. We did have a deal with Iran on nuclear before Trump 1 killed the deal which secured against a nuclear Iran.

A deal to avoid the war and secure the nuclear material seemed within our grasp before the assassination killed that.

EU NATO countries have already denied requests to move patriot missiles from EU to the ME.

US/Israel are depleting expensive stock quite fast. DJT is desperate.

I think DJT will call off the war soonish, find lies to proclaim victory and try to pull out. However, ME countries like SA, UAE will not make it easy for DJT. They may realign themselves with the EU and China in the short term and make deals with Iran. This may leave the left side of the atlantic to DJT (as he has indicated he wanted, excluding greenland).

I dont think the spicy weapons will come into play - it would cause too much damage on too many different fronts.

While cost of living in the US skyrockets …

Like someone else on this forum said, DJT went bankrupt trying to run casinos (people giving out free money), Trump university, etc, etc, etc …

His methods and ideas to transform the whole landscape over 4 years is doomed to fail.

Just my thoughts …

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Well its either Trump backs down or escalates with the Israelis being the wild card, what if they want to escalate?

What goes up must come down.

If he escalates, there will be much more backlash in the US.

There is already chatter in congress regarding the 25th amendment, DJT has to face congress with the next 30-60 days regarding his war in iran, request for additional war funding … and more … while SCOTUS and courts turn their backs to him on immigration, tariffs, his executive orders on voting and others …

Latest news says tariff refunds process has been defined. So he capitulated there, while lawsuits continue…

I’m still at about 65% for TACO tuesday …

Israel is doing the dirty work … it bombed energy/oil infra in iran … i am assuming that restrictions in the gulf of aden will be quite soon …

That was before Russia invaded Ukraine.

Also, as I said before, the deal was signed by politicians. In Iran, these can be considered sock-puppets of the IRGC these days and probably were already back then.

While an argument can be made that Western politicians are equally sock puppets of the MIC and other socio-economic interests, I hope it’s not that bad here around.

One thing you can bet your last Mark on is that the countries who can are looking into the possibility of nuclear arment now that America has been proven untrustworthy.