While American loses a Billion dollars a day. Great job to the American people voting for a traitor. How are your 401K doing, it must be doing great by what Donald the P*DO Trump is saying!
War is vol and vol is good for the traders so they are doing great. The market can get hammer and people can flee but that just makes the rebound more violently up when it happens.
Russia is earning as much as $150mn a day in extra budget revenues from its oil sales, making it the biggest winner from the conflict in the Middle East.
Moscow has so far earned an estimated $1.3bn-$1.9bn windfall from taxes on oil exports after the effective closure of the Strait of Hormuz led to rising demand for Russian crude from India and China.
What does this mean for energy markets and the Russian economy?
It’s almost impossible to even discuss how BRICS is actually successfully coordinating and collaborating against the United States on Reddit. There are SO MANY bots and shills who come out and immediately dismiss it as a completely disorganized farce of an alliance, and spout the typical propaganda talking points. Yet right before our very eyes we are watching this same coordination take place, it is quite literally making the headlines, and even with that there is still an overwhelming level of denial about how beneficial everything that is happening is for them. It is truly crazy.
So, in this particular Iran conflict, what coordination and collaboration did the BRICS nations do? Is it that they baited the US & Israel into the attack, or are you saying they're taking full advantage of it now that it has happened, or both?
On the surface, it seems like the negatives of this situation might outweigh the positives for BRICS, but I'm open to hearing a different perspective.
I think they have baited the US multiple times. They have constantly flouted that their nuclear program is still working, escalated incendiary rhetoric, and coordinated trade for Russian funding, Chinese tech, and drone tactics from both. They’ve pulled the world’s attention to the strait of Hormuz, which by drawing in the US and Israel has also helped to indirectly cripple western allies near China (Korea, Japan) as they are HIGHLY dependent on oil imports and transit through the strait. In turn, this has alleviated pressure from the Russian-Ukraine war, removed the sanctions on Russian fuel which is in turn replenishing the war coffers at an exponential rate and dividing support for Ukraine from European nations across fronts. In turn, NATO is experiencing internal fighting from the likes of Spain, and I think the next domino to fall will be Turkey. The strait being compromised also damages Taiwan’s ability to manufacture more chips; chips that are needed for weapons and missiles, which are being rapidly depleted by the sale to both Saudi Arabia and Ukraine now.
They are effectively bleeding energy and munitions and funding from the US, reducing pressure on Russia, and opening the door for China to potentially strike Korea, Taiwan, or Japan while our attention is elsewhere and while they are handicapped by fuel concerns. India is also breaking ranks from the US authority, purchasing massive quantities of Russian fuel now, too.
It’s a multi-pronged assault, and with the recent increase in cyber attacks and activation of sleeper cells, I think they are just getting started.
I don't think China aspires to strike Korea or Japan. That would be foolish. Those are large, advanced countries with potent militaries that could also go nuclear in short order if they wanted.
They want Taiwan because they believe it is Chinese territory they lost after the civil war.
Taiwan may not have nukes but don't they have cruise missiles capable of hitting the Three Gorges dam? The effects of that would be near nuclear in impact and lives lost.
The same way that the United States’ actions have negatively impacted Europe, Canada, and NATO and other allies; they only exist to serve the biggest powers in the alliance. The little players within will endure what they must to maintain their independence, even if that pain is significant. They have neither the force, the economies, nor the representation to do anything else.
Not all alliances and pacts are fair or beneficial; sometimes the terms are as simple as ”We won’t attack you directly.”
At least on the surface, I'm not seeing how some of this lines up.
China itself is one of the biggest buyers of oil from the Gulf, no? And they have some partnerships with Iran. It's hard to imagine they would calculate in advance that this war would be a net benefit for them.
I'm also not sure how the strait being compromised damages Taiwan’s ability to manufacture chips. Maybe you can elaborate on that.
Has China expressed any kind of desire to strike Korea or Japan? That sounds a bit fanciful.
> India is also breaking ranks from the US authority, purchasing massive quantities of Russian fuel now, too.
Well, they negotiated with the US to ease sanctions, which isn't good, but I don't think that can be accurately called "breaking ranks from the US authority."
Look, I don't doubt that US adversaries can and will do everything possible to take advantage of these missteps in the Gulf, but the war seems like a mixed bag for them and, while it's easy to assign agency to BRICS for causing it, there are so many competing interests that I suspect it's all more messy than that, as the world often is.
They are literally just profiting from the stupidity of the US. That doesn't mean they are the ones making it happy.
If you are upset about it, take your anger out on Israel and Trump for pulling the US into this war.
The reason you don't see people caring about BRICS benefiting from this is because we are all pissed at the US and Israel for kicking this off. Saying "But Russia is now profiting" doesn't change why they are able to.
So I don't know what you find to be "truly crazy" here?
I literally stated what I find crazy; that people (like yourself) will continue to deny that the BRICS nations are working together.
Yes, they are absolutely benefitting from the stupidity of the US. That is not the point. They are effectively working together in a way that is depleting the weapons reserves, forcing an energy crisis, creating the conditions for a 3-front conflict that will simultaneously free up pressure for their desired objectives (a weakened pressure in Ukraine, an absence of support for Japan, Korea, Taiwan for China, a completely chaotic Strait of Hormuz which in turn dramatically hurts the eastern nations even further).
I am not upset about it, I am absolutely gobsmacked how you arrived at that conclusion from what I wrote. I am upset that people on Reddit do not recognize that these aren’t coincidences, but rather carefully orchestrated collusion across entities repeatedly deems to be on the verge of collapse and chaos by the US outlets.
But as usual and without fail, here comes the standard diversionary comment that somehow completely misses the point.
The US electing an Idiot (Krasnov) asset, was carefully engineered by Russia. Trump is a russian asset and a traitor and gets his instructions from the Kremlin because probably the Epstein kompromat is in the hands of his Kremlin handlers.
There was no rhyme or reason for the Iranian war. nothing. he still done it. because Putin needed it.
Yeah, no one buys this nonsense spin. Russia has few allies and can't afford to just lose them. They have now lost Maduro and Iran is getting destroyed too.
If Putin was calling the shots, Trump would have lifted sanctions the first week he was in office. Not waited for an oil crisis to do it
Trump went into this war at the urging of Netanyahu, who lobbied him multiple times. Second time he has been dragged into Iran in 6 months. This is all on Israel and Trump.
He can lift the sanctions that were put in by executive order. Hence why he lifted a bunch of them for Israel when he came into office
>one thing Republicans hate more than Democrats is an executive which ignores the laws from congress. Because this makes them toothless.
Lol okay, so you're literally just making up stuff or you just woke up from a 15 month coma. That is literally what Trump has been doing and republican congressional members have been more than fine letting him. Are you even paying attention?
If Russia really had the capability to install their own puppet as the president of america then they actually deserve some props. They might actually be more competent than the american government and americans.
They tried to. Netanyahu did go before congress to sell the Iraq War in the early 2000s. He has been trying to get every president to do it, he finally found one dumb enough to go along with it.
BRICS Is not an alliance. In fact India is amongst the biggest supporters of Israel. Indian right wing has a more favourable view of Israel, comparable to US. Modi famously called Israel ‘fatherland’. Apart from China and Russia, rest of countries from BRICS barely do anything to go against western countries. Even if they want to do something, they barely have any influence or power to do anything
Try telling that to the americans at the gas stations. The loss in economic activity and the possible depression induced by it is going to be way worse than any profits the oil giants make
I just drove down the East coast and most stations are around $3 to $3.30. The only state getting screwed is California which is completely self imposed by their tax policies.
If this is protected closer of the strait we are likely looking at something like 200 dollar oil which would require a total rewiring of our society, and will have long lasting inflationary effects.
Lots of economists and oil experts are predicting that if we see a protracted closure. The market is running mostly on vibes and hopes the war ends soon right now.
America has relatively the same production capacity as they did in the 70s when oil prices quadrupled after the Arab oil embargo which created inflationary pressure that lasted the rest of the decade.
America produced 9.6 million barrels per day in 1970 which the peak of our oil production until 2013. We produce 13.6 bpd now.
The share of OPEC is down about 12% I believe since the Arab oil embargo. I’m not sure where you think the price is going if 20% of the world’s supply is impacted for months.
You cannot ignore the oil swap side of things, we still import a significant chunk of our oil supply because it best fits our refineries even though we produce enough domestically.
Russia offered to rejoin the dollar system in the Alaska meeting if the trump administration relieved some of the pressure in Ukraine. Venezuelan oil will now be sold in dollars and American companies have already increased output. Also, a surge in oil prices means high demand for dollars since oil is sold in dollars. You can see this on the DXY charts. Everyone who was talking about the dollar dying was wrong. The US is cornering the market.
Offered is doing tremendously heavy lifting here, and the petrodollar still needs the Gulf coast states to survive, so you are kind of celebrating early.
Also, how many barrels does Venezuela output a day? And what is it likely to be in 6 months? Hint, the answer is not much for both those answers.
Yeah, you are right, Iran is selling tons of oil to China right now, my bad. Gonna have to rename BRICS soon lmao. The anti-us propaganda on reddit has warped your brain.
This was a memo circulated in the Kremlin. No confirmation as to when this agreement will be signed. But if this does come true, it doesn't make any sense in a global sense. Case being Russia intentionally invaded Crimea and Ukraine in sole purpose of strengthening its economy after COVID-19 and ultimately restore the soviet union since their economyis based on energyand caviar. A country can't run without resources to produce a product. This is also the same soviet union we had the cold war. How does this benefit global peace and stability if countries can invade other countries because of financial arbitrary means. China leads the world in renewable energy infrastructure. Hypothetically what happens when someone creates fusion energy.
Nope, it means USrael are losing it's face. Trump will leave one day, and fixing the chaos he is going to leave will cost. He is just losing allies in Persian Gulf, and in a long term Europe, so good job, good job.
I am maintaining (delusional?) hope that a country with 11 aircraft carriers equivalent to a top-10 military can find a way to secure a 21-mile wide stretch of water.
Scary-Elephant2831 | 8 hours ago
While American loses a Billion dollars a day. Great job to the American people voting for a traitor. How are your 401K doing, it must be doing great by what Donald the P*DO Trump is saying!
Blackout38 | 3 hours ago
War is vol and vol is good for the traders so they are doing great. The market can get hammer and people can flee but that just makes the rebound more violently up when it happens.
[OP] financialtimes | 14 hours ago
Russia is earning as much as $150mn a day in extra budget revenues from its oil sales, making it the biggest winner from the conflict in the Middle East.
Moscow has so far earned an estimated $1.3bn-$1.9bn windfall from taxes on oil exports after the effective closure of the Strait of Hormuz led to rising demand for Russian crude from India and China.
What does this mean for energy markets and the Russian economy?
Read the exclusive story for free by registering here: https://www.ft.com/content/dd973148-b6a1-4096-97da-3090a058fe08?segmentid=c50c86e4-586b-23ea-1ac1-7601c9c2476f
Kima — FT social media team
the_red_scimitar | 24 minutes ago
I'm sure it's an accident that just as they need cash for their Ukraine invasion, they get a perfectly tuned war for that purpose.
CyberSmith31337 | 11 hours ago
It’s almost impossible to even discuss how BRICS is actually successfully coordinating and collaborating against the United States on Reddit. There are SO MANY bots and shills who come out and immediately dismiss it as a completely disorganized farce of an alliance, and spout the typical propaganda talking points. Yet right before our very eyes we are watching this same coordination take place, it is quite literally making the headlines, and even with that there is still an overwhelming level of denial about how beneficial everything that is happening is for them. It is truly crazy.
nosecohn | 9 hours ago
So, in this particular Iran conflict, what coordination and collaboration did the BRICS nations do? Is it that they baited the US & Israel into the attack, or are you saying they're taking full advantage of it now that it has happened, or both?
On the surface, it seems like the negatives of this situation might outweigh the positives for BRICS, but I'm open to hearing a different perspective.
CyberSmith31337 | 8 hours ago
I think it is both.
I think they have baited the US multiple times. They have constantly flouted that their nuclear program is still working, escalated incendiary rhetoric, and coordinated trade for Russian funding, Chinese tech, and drone tactics from both. They’ve pulled the world’s attention to the strait of Hormuz, which by drawing in the US and Israel has also helped to indirectly cripple western allies near China (Korea, Japan) as they are HIGHLY dependent on oil imports and transit through the strait. In turn, this has alleviated pressure from the Russian-Ukraine war, removed the sanctions on Russian fuel which is in turn replenishing the war coffers at an exponential rate and dividing support for Ukraine from European nations across fronts. In turn, NATO is experiencing internal fighting from the likes of Spain, and I think the next domino to fall will be Turkey. The strait being compromised also damages Taiwan’s ability to manufacture more chips; chips that are needed for weapons and missiles, which are being rapidly depleted by the sale to both Saudi Arabia and Ukraine now.
They are effectively bleeding energy and munitions and funding from the US, reducing pressure on Russia, and opening the door for China to potentially strike Korea, Taiwan, or Japan while our attention is elsewhere and while they are handicapped by fuel concerns. India is also breaking ranks from the US authority, purchasing massive quantities of Russian fuel now, too.
It’s a multi-pronged assault, and with the recent increase in cyber attacks and activation of sleeper cells, I think they are just getting started.
slippery | 7 hours ago
I don't think China aspires to strike Korea or Japan. That would be foolish. Those are large, advanced countries with potent militaries that could also go nuclear in short order if they wanted.
They want Taiwan because they believe it is Chinese territory they lost after the civil war.
The__Amorphous | 6 hours ago
Taiwan may not have nukes but don't they have cruise missiles capable of hitting the Three Gorges dam? The effects of that would be near nuclear in impact and lives lost.
LocksRKool | 4 hours ago
It’s western propaganda to think china will do anything militarily.
Why bother with force when you can crush your opposition economically.
Virtual-Alps-2888 | 8 hours ago
My question to you is: oil prices have significantly risen in many BRICS+ countries, severely affecting government revenue, such as Malaysia's fuel subsidy burden increasing by the billions.
So how could this be a BRICs coordinated effort?
CyberSmith31337 | 5 hours ago
The same way that the United States’ actions have negatively impacted Europe, Canada, and NATO and other allies; they only exist to serve the biggest powers in the alliance. The little players within will endure what they must to maintain their independence, even if that pain is significant. They have neither the force, the economies, nor the representation to do anything else.
Not all alliances and pacts are fair or beneficial; sometimes the terms are as simple as ”We won’t attack you directly.”
nosecohn | 3 hours ago
At least on the surface, I'm not seeing how some of this lines up.
China itself is one of the biggest buyers of oil from the Gulf, no? And they have some partnerships with Iran. It's hard to imagine they would calculate in advance that this war would be a net benefit for them.
I'm also not sure how the strait being compromised damages Taiwan’s ability to manufacture chips. Maybe you can elaborate on that.
Has China expressed any kind of desire to strike Korea or Japan? That sounds a bit fanciful.
> India is also breaking ranks from the US authority, purchasing massive quantities of Russian fuel now, too.
Well, they negotiated with the US to ease sanctions, which isn't good, but I don't think that can be accurately called "breaking ranks from the US authority."
Look, I don't doubt that US adversaries can and will do everything possible to take advantage of these missteps in the Gulf, but the war seems like a mixed bag for them and, while it's easy to assign agency to BRICS for causing it, there are so many competing interests that I suspect it's all more messy than that, as the world often is.
Overton_Glazier | 11 hours ago
They are literally just profiting from the stupidity of the US. That doesn't mean they are the ones making it happy.
If you are upset about it, take your anger out on Israel and Trump for pulling the US into this war.
The reason you don't see people caring about BRICS benefiting from this is because we are all pissed at the US and Israel for kicking this off. Saying "But Russia is now profiting" doesn't change why they are able to.
So I don't know what you find to be "truly crazy" here?
CyberSmith31337 | 11 hours ago
I literally stated what I find crazy; that people (like yourself) will continue to deny that the BRICS nations are working together.
Yes, they are absolutely benefitting from the stupidity of the US. That is not the point. They are effectively working together in a way that is depleting the weapons reserves, forcing an energy crisis, creating the conditions for a 3-front conflict that will simultaneously free up pressure for their desired objectives (a weakened pressure in Ukraine, an absence of support for Japan, Korea, Taiwan for China, a completely chaotic Strait of Hormuz which in turn dramatically hurts the eastern nations even further).
I am not upset about it, I am absolutely gobsmacked how you arrived at that conclusion from what I wrote. I am upset that people on Reddit do not recognize that these aren’t coincidences, but rather carefully orchestrated collusion across entities repeatedly deems to be on the verge of collapse and chaos by the US outlets.
But as usual and without fail, here comes the standard diversionary comment that somehow completely misses the point.
Reasonable_Tax_499 | 10 hours ago
The United States elects an idiot and blames the consequences on BRICS?
Can Americans, for once in their lives, admit responsibility for their mistakes?
Bucser | 10 hours ago
The US electing an Idiot (Krasnov) asset, was carefully engineered by Russia. Trump is a russian asset and a traitor and gets his instructions from the Kremlin because probably the Epstein kompromat is in the hands of his Kremlin handlers.
There was no rhyme or reason for the Iranian war. nothing. he still done it. because Putin needed it.
Overton_Glazier | 10 hours ago
Yeah, no one buys this nonsense spin. Russia has few allies and can't afford to just lose them. They have now lost Maduro and Iran is getting destroyed too.
If Putin was calling the shots, Trump would have lifted sanctions the first week he was in office. Not waited for an oil crisis to do it
Trump went into this war at the urging of Netanyahu, who lobbied him multiple times. Second time he has been dragged into Iran in 6 months. This is all on Israel and Trump.
Bucser | 10 hours ago
Trump can't lift the sanctions on Russia, because it was signed into law by congress.
He can do a lot of things, but if he would go against congress orders he would be impeached and removed by his republicans.
one thing Republicans hate more than Democrats is an executive which ignores the laws from congress. Because this makes them toothless.
Overton_Glazier | 9 hours ago
He can lift the sanctions that were put in by executive order. Hence why he lifted a bunch of them for Israel when he came into office
>one thing Republicans hate more than Democrats is an executive which ignores the laws from congress. Because this makes them toothless.
Lol okay, so you're literally just making up stuff or you just woke up from a 15 month coma. That is literally what Trump has been doing and republican congressional members have been more than fine letting him. Are you even paying attention?
userunknowned | 9 hours ago
Don’t talk shit. The republicans party is dead. Trumpism is all that remains
bobandgeorge | 6 hours ago
> one thing Republicans hate more than Democrats is an executive which ignores the laws from congress.
Where the fuck have you been the last year?
Draxxthemsklounsst | 10 hours ago
If Russia really had the capability to install their own puppet as the president of america then they actually deserve some props. They might actually be more competent than the american government and americans.
Dick_Lazer | 9 hours ago
It's not like Russia had any influence on the election or anything...
Overton_Glazier | 9 hours ago
Did they? Seems to me that it was a bunch of tech oligarchs that also have close ties to Israel that influenced the election.
Dick_Lazer | 9 hours ago
Sure. Election influence isn't magically capped off at a single country.
Bucser | 9 hours ago
1 year old account with 94k comment Karma and 14 submission karma. hidden history. This is a troll farm account. Learn to follow the signs.
likamuka | 10 hours ago
> but rather carefully orchestrated collusion
Nah, that is not it. It's just strategic war profiteering.
SnooDonuts236 | 6 hours ago
You use a semicolon but misuse yourself? You are a rare bird
SnooDonuts236 | 10 hours ago
Israel and trump? You are too kind. Do you think that Israel could have pulled bush into this war?
Overton_Glazier | 10 hours ago
They tried to. Netanyahu did go before congress to sell the Iraq War in the early 2000s. He has been trying to get every president to do it, he finally found one dumb enough to go along with it.
CBT7commander | 9 hours ago
That’s not coordination or proof of it. Brics also isn’t an alliance, there are members of brics with active territorial disputes
straightdge | 10 hours ago
BRICS Is not an alliance. In fact India is amongst the biggest supporters of Israel. Indian right wing has a more favourable view of Israel, comparable to US. Modi famously called Israel ‘fatherland’. Apart from China and Russia, rest of countries from BRICS barely do anything to go against western countries. Even if they want to do something, they barely have any influence or power to do anything
ShrikeMeDown | 10 hours ago
In the age of AI, this is going to only get worse. Every account is just going to be AI written propaganda from one interest group/nation or another.
Intelligence work in this area is about to be simple. One officer with a swarm of bots is spreading the party line to everyone.
DeArgonaut | 10 hours ago
Prob a fair amount already do that. We’re def screwed for elections going forward with disinformation. Esp as fake images and videos get even better 😅
DizzyAstronaut9410 | 10 hours ago
Gentle reminder that the US is currently the top oil producer in the world, followed by Saudi Arabia, Russia, and Canada.
High oil prices certainly aren't only beneficial to Russia.
CBT7commander | 9 hours ago
Most U.S. production is for domestic use. You have to look at share of export/import , not just raw production
Sammonov | 8 hours ago
It only matters in so much as our actual supply is safe. American companies still buy and sell at the benchmark.
ishkoto | 9 hours ago
The US is also the biggest consumer. That changes things
DizzyAstronaut9410 | 8 hours ago
When you produce about as much as you consume, it's still not as high of an economic risk.
Lemp_Triscuit11 | 7 hours ago
Let's not pretend all of us share economic risk equally lol. I don't get a fuckin' thing out of the sale of oil
ishkoto | 8 hours ago
Try telling that to the americans at the gas stations. The loss in economic activity and the possible depression induced by it is going to be way worse than any profits the oil giants make
DizzyAstronaut9410 | 8 hours ago
I just drove down the East coast and most stations are around $3 to $3.30. The only state getting screwed is California which is completely self imposed by their tax policies.
Sammonov | 8 hours ago
If this is protected closer of the strait we are likely looking at something like 200 dollar oil which would require a total rewiring of our society, and will have long lasting inflationary effects.
DizzyAstronaut9410 | 7 hours ago
We've hit $95 oil, $200 oil is an absolute fever dream and literally nobody is predicting that.
Even if they did, US has a lot of idle capacity, as do a lot of other places in the world. That price would be very short lived.
Sammonov | 7 hours ago
Lots of economists and oil experts are predicting that if we see a protracted closure. The market is running mostly on vibes and hopes the war ends soon right now.
America has relatively the same production capacity as they did in the 70s when oil prices quadrupled after the Arab oil embargo which created inflationary pressure that lasted the rest of the decade.
DizzyAstronaut9410 | 7 hours ago
No they fuckimg don't lol they have literally triple the capacity since 1970. Shale oil wasn't even a thing back then.
Maybe learn literally anything about what you're talking about before forming and sharing an opinion.
https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=mcrfpus2&f=m
Sammonov | 7 hours ago
America produced 9.6 million barrels per day in 1970 which the peak of our oil production until 2013. We produce 13.6 bpd now.
The share of OPEC is down about 12% I believe since the Arab oil embargo. I’m not sure where you think the price is going if 20% of the world’s supply is impacted for months.
AwesomeWhiteDude | 8 hours ago
You cannot ignore the oil swap side of things, we still import a significant chunk of our oil supply because it best fits our refineries even though we produce enough domestically.
True-Crimes | 6 hours ago
So when am I going to get my check for all these benefits?
DeRpY_CUCUMBER | 13 hours ago
Russia offered to rejoin the dollar system in the Alaska meeting if the trump administration relieved some of the pressure in Ukraine. Venezuelan oil will now be sold in dollars and American companies have already increased output. Also, a surge in oil prices means high demand for dollars since oil is sold in dollars. You can see this on the DXY charts. Everyone who was talking about the dollar dying was wrong. The US is cornering the market.
RichIndependence8930 | 13 hours ago
Offered is doing tremendously heavy lifting here, and the petrodollar still needs the Gulf coast states to survive, so you are kind of celebrating early.
Also, how many barrels does Venezuela output a day? And what is it likely to be in 6 months? Hint, the answer is not much for both those answers.
Busterlimes | 13 hours ago
Oil is sold in dollars for now
There is a reason Iran is exporting to China. This is economic warfare of BRICS nations on America. The economic shift is happening before our eye
Accomplished-Eye9542 | 12 hours ago
Yeah... that's why we ended that lmao.
What economic shift, grabbed Ven and cut off Iran.
Busterlimes | 12 hours ago
Cut off Iran LOL, Iran cut US off
Accomplished-Eye9542 | 11 hours ago
Yeah, you are right, Iran is selling tons of oil to China right now, my bad. Gonna have to rename BRICS soon lmao. The anti-us propaganda on reddit has warped your brain.
TNT_GR | 11 hours ago
You know that the ‘I’ in BRICS is not for Iran right?
Busterlimes | 10 hours ago
No it doesnt, it stands for India LOL
LoudestHoward | 10 hours ago
That's...what he said?
Busterlimes | 10 hours ago
I dont know how my brain missed the entire word "not"
Something something 3rd shift. . . .
AwesomeWhiteDude | 8 hours ago
...Iran is selling a ton of oil to China right now tho. Literally millions of barrels of Iranian oil bound for china is moving through the strait
Dick_Lazer | 9 hours ago
Just like China paid the tariffs & Mexico paid for the wall, right?
TS3Ronin | 10 hours ago
This was a memo circulated in the Kremlin. No confirmation as to when this agreement will be signed. But if this does come true, it doesn't make any sense in a global sense. Case being Russia intentionally invaded Crimea and Ukraine in sole purpose of strengthening its economy after COVID-19 and ultimately restore the soviet union since their economyis based on energyand caviar. A country can't run without resources to produce a product. This is also the same soviet union we had the cold war. How does this benefit global peace and stability if countries can invade other countries because of financial arbitrary means. China leads the world in renewable energy infrastructure. Hypothetically what happens when someone creates fusion energy.
CaliHusker83 | 13 hours ago
Bingo. Unfortunately, I’ll save this, check in tomorrow afternoon and find this down in the controversial filter, because…. Well, you know.
Desert_Moon_Maiden | 13 hours ago
Does this mean US is winning?
NitrousOxid | 13 hours ago
Nope, it means USrael are losing it's face. Trump will leave one day, and fixing the chaos he is going to leave will cost. He is just losing allies in Persian Gulf, and in a long term Europe, so good job, good job.
SnooDonuts236 | 10 hours ago
Losing damn it losing
Dependent_Ad_1270 | 12 hours ago
Username checks out
NitrousOxid | 12 hours ago
Yep, truth hurts :(
Desert_Moon_Maiden | 11 hours ago
Thank you but I was asking Americans 😅 no offense
NitrousOxid | 10 hours ago
No problem ;) regards
Accomplished-Eye9542 | 12 hours ago
We never had allies in Europe. They've been working against us with China for the past 20 years.
Both Ven and Iran were huge blows to China, and a reversal of the current trend of the dollar losing dominance.
The only way this goes bad is if a democrat follows Trump. Ultimately depends if he can end the Iran war in his term.
likamuka | 10 hours ago
> us with China for the past 20 years
After...checks notes...the USA admitted them to the WTO.
Prestigious_Load1699 | 12 hours ago
Can we gain control of the Strait of Hormuz?
‘Cause if not, this is bad long-term.
I am maintaining (delusional?) hope that a country with 11 aircraft carriers equivalent to a top-10 military can find a way to secure a 21-mile wide stretch of water.
Bonkers if we can’t.
Easy-Marsupial3268 | 11 hours ago
It’s going to be funny to watch the US try this.