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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Iran Drone Attack - Debrief
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Post by Experienced on Apr 14, 2024 10:08am

Iran Drone Attack - Debrief

Spoke to my Us General friend this morning about what was going on regarding the Iran drone attack and his views on what is next.

Here is the Executive Summary....

1.....The Iranian airforce is very weak.  They have much less capability than is available than in US Carrier fleet in the area, let alone the Israeli capacity

2....their army is weak and poorly trained and would be wiped out in a conflict

3...the Iranians have put all their money into drones and missles and supplying armaments to their proxies in the Middle East

4...Iran does not a fight in their homeland and hence up to now have been using  their proxies.  A fight in their homeland would likely result in the toppling of the regime (a la Hussein in Iraq) which the leadership doesn't want for obvious reasons

5...Israel and the US have demonstrated to Iran that Iranian drones etc are ineffective against the Israeli defence system so it's a strong message to Iran that they have nothing except something extreme (nuclear?)

6...Iran cannot afford to have their oil shipments disrupted both economically and politically

7...The last attack was just a face saving gesture by Iran after a couple of their top Generals were killed by Israel

8....Israel doesn't need another front right now

Bottom Line..

Back to the status quo

If you agree with the General's assessment then from an investment point of view, there could be a temporary pop in oil prices tomorrow and it could be a good time to take some profits.  If you disagree then don't...lol
Comment by mrbb on Apr 15, 2024 1:39pm
If you agree with the General's assessment then from an investment point of view, there could be a temporary pop in oil prices tomorrow and it could be a good time to take some profits.  If you disagree then don't...lol that is no oil pop to begin with, so the whole game plan falls apart. you see, when one stick out his neck to make prediction, he should able to take the blowback ...more  
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