Baytex Energy Corp T.BTE

Biden and minions on panic mode

[Marty47]

After Israel may hit Iran infrastructure , all the west gang start to panic , scare to see oil going back up and inflation may creep up .... if my calculation is correct we should be at 80$ oil soon

[Kelvin]

That's exactly wihat I'm trying to figure out. What happens to oil prices in the worst case? My idea of a worst case is that Iran shuts down the Suez Canal with Houthis missile attacks and the Straits of Hormuz. No oil or LNG would come out of the Persain Gulf and trade between Asia and Europe would be disrupted as a major supply route through the Suez Canal would be blocked. Supply chains

[Marty47]

Israel hitting Iran oil structures is a good solutions , they will kill 2 birds in one stone , it will reduce flow of cash to the puppets Hezbollah and Houthis and weaken them , it will also slow their nuke development , less cash less everything , the White House may not be happy but hey they don't do anything for fear of oil going up so Israel suffered , if I would be bibi I would go full

[Kelvin]

What if Iran retaliates by shutting down the Straits of Hormuz? China, India, Japan etc wouldn't be too happy about that. Wild times!

[liljohnnyjoke]

not so much an IF but HOW Israel will respond? Certainly USA will be trying to "advise" on the best move forward but as has been shown lately Nettenyahoo might say screw you, this is my show, I do what I want. Will the US say that aside from continuing to gift you tens of billions in taxpayer paid weapons weekly you are now on your own? What if US gets envolved directly in an attack on

[Cobalt]

Maybe the question should be, Who does Israel want in the whitehouse, they might have the biggest say right now?