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Israel launches Airstrikes Aganst Iranian nuclear sites.

this i sfunny but not funny
iran exports between 1.5 and 2 million barrels of oil per day
most goes to china
and few other odd balls
but the news is fright with OMG oil prices on rise as isreal disrupts irans oil production

any thing to jack with fuel prices
i know fuel is inelastic but 2 million barrels is a drop in bucket of daily world wide production we hit 13 to 14 million barrels in the US alone
world wide its 82 to 83 mill per day
iran is an outlier in the chart and sums
 
Saudi Arabia built a new pipeline from the Gulf through their peninsula to the Red Sea, and is using the Trans-Iraq to the Med now. They may also be building a second pipeline to the Red Sea.

1/2 of the Strait is Omani, so if Iraq meeses with that the :poop: will hit the fan, especailly since India & Chian gets their Iranian oil via the Strait.
 
early this morning
cnbc the "girl" was all in a tizzy how she could not understand why crude had not flown through the roof
as it was s till 71 and dropping
she stated IRAN IS A top crude producer.... i guess she cant read or simply wants to stoke fears as typical

its hilarious on that channel , so far all the "experts" are not understanding how crude has not not hit the roof and gone to 100 .... iran is NOT a major crude producer or exporter

i surely dont agree with what BB said last night about how trump asked him not to kill the supreme leader in iran
that would have been a powerful event. snake dead and maggots sent garbage
 
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