Comment by
Pandora on Oct 04, 2024 6:40pm
https://www.cbsnews.com/news/us-airstrikes-yemen-iran-backed-houthi-rebels/
Comment by
VeritasVern on Oct 05, 2024 3:24am
The difference between your post and what I posted was that the news release for the AP was at 1:10 PM CDT which meant the trading markets were still open.
Comment by
Pandora on Oct 05, 2024 7:45pm
My apologies for the duplication. I did not realize your post had a link on it. I did not open the post because it did not say "more...." and it did not show evidence of more wording.
Comment by
Quintessential1 on Oct 06, 2024 12:46pm
It doesn't look like they hit any oil infrastructure or took out anythiung that would affect inventories. In fact it might even be bearish helping secure the Straight of Hormuz oil shipping from houthi rebel attacks. GLTA
Comment by
VeritasVern on Oct 07, 2024 3:28am
Sure it might help to secure the Straight of Hormuz but if so they should have acted quite a while back as the Houthis have been attacking ships in the region for quite some time now.
Comment by
Quintessential1 on Oct 07, 2024 6:29am
Still doesn't take away from the fact that the action may have been bearish and not bullish and that the markets might have missed nothing at all. GLTA
Comment by
Quintessential1 on Oct 07, 2024 2:23pm
Is it the middle-east or Crimea? https://www.bbc.com/news/articles/c981pv02vryo GLTA
Comment by
VeritasVern on Oct 07, 2024 3:36pm
Diversion for the sake of diversion, let me help you out with some facts, the Ukraine's bombing of the Feodosia Terminal an oil processing facility, is mainly used to provide fuel for the Russian army. That has much less of an affect on global supply situation while the risks in the middle east can greatly affect oil supplies.