RE:RE:The Iran FactorCitizen13 wrote: I've said this before . There is no more geopolitical factor . FFS Russia is murdering infants and women daily and the oil is flowing unimpeded . It's a silly " analyst" myth just to get on BNN and CNBC . And if it does happen it will be extremely temporary. The GDP of most of OPEC is primarily oil and gas . You could nuke the entire Middle East and the oil would flow . The last structure sstanding in cities that are rioted and burned to the ground are the unemployment and welfare offices . On top of that , traders are not dumb and they are very gun shy. They will not shoot up the price of WCP to $ 15 knowing what I wrote above. Thats a fools game.
Could not agree more, the premise that Russia would not have markets for it's oil is a complete joke. Will there be shipping premiums and delays, certainly, but that oil will find a home