KSA Reddit Mentions | ChartExchange

>Again, you’re spinning yourself into a doom spiral.
Idk what makes you think this, I'm not saying this is WW3 or the end of the world or something, just that Iran and its proxies have a *ton* of ways to cause oil prices to skyrocket. It's long been a pillar of their deterrence plan, and if the regime thinks they're in trouble there's little stopping them from doing so out of spite.
>Iran has been disrupted and... nothing that bad happened.
Iranian oil hasn't been disrupted at all, nor have they attempted to disrupt global oil... yet. My point is that this conflict and US involvement in it, raises the likelihood of that happening significantly.
>Turns out lots of people have oil to sell and they scoop the market share seamlessly.
You really shouldnt comment on things you clearly have zero understanding of.
>We’re not even engaged with Iran and you’re already imagining 3 countries going offline.
I'm not. Your response to my OP was talking about risk. My response therefore discussed the risks associated with the conflict, which includes possible disruptions to oil output from Saudi, Iran, and Iraq.
My entire point is that the market does not appear to be factoring in the huge potential risks of a major conflict with Iran, so I pointed out some of those risks. I didn't say those things *will* happen, only that there's a growing risk they *might*.
>For the blink of an eye. Then it rapidly returned to $60-70
Oil prices didn't return to the $70 range for over a year after the 2022 spike, and only entered the $60 range in late **2024**. Again, you clearly have no idea what you're talking about.
>You can let yourself imagine a doomsday collapse of world economies without there being demand destruction.
I never said anything about a "doomsday collapse of world economies" at all. I said there's a good chance that the price of oil skyrockets, which would be bad for the economy...
>You imagine that Iran who is too overwhelmed to even handle Israel is somehow going to own us. Then you go further and throw Iraq and KSA in there.
Where did I say anything about Iran "owning us"? Seriously, you're tilting at windmills here.
What I said is that Iran and its proxies (which it doesnt have full control over mind you) have many ways of targeting Iraqi and Saudi oil output as well. We saw attacks by Iran/Houthis a few years ago on Saudi oil facilities for instance. The PMF in Iraq are a powerful force that could target Iraqi oil facilities as well.
Again, the entire point of my posts isn't to suggest a nightmare scenario or something, just to point out the very real *risk* of high oil prices the conflict could bring about, and noting that I'm surprised that the market seems to be largely ignoring those risks.