Oil price War will Bring real War soon in Middle east

[Polo7]

Oil Price War willl Bring real War!

Oil Price Will be a lot More expensive then Now


War Will start about soon...  I would Say in 7 Days.

[1715591202]

1715591202

[1715591202]

1715591202

[1715591202]

1715591202

[1715591202]

1715591202

[1715591202]

1715591202

[jackg]

The middle east don't rseem to have the resources for a war... I thought Iran were the only miners of it too and they're the main power over there...

As long as Russia, the US, China or the European forces don't get involved, it will probably just have an isolated effect...

Also, are the middle east not already at war? I predict them to go to war yesterday! Woooo me

[kawetsriyanto]

As long as Russia, the US, China or the European forces don't get involved, it will probably just have an isolated effect...

Indeed. But it is likely hard to avoid interference from these countries. Oil price war will attract the attention of those big countries and they probably analyze how they can get involved. Then, we may see some drama that leads to real war. And the victim is the Middle East country itself.

[jackg]

Indeed. But it is likely hard to avoid interference from these countries. Oil price war will attract the attention of those big countries and they probably analyze how they can get involved. Then, we may see some drama that leads to real war. And the victim is the Middle East country itself.

It's a bit of a monopoly for the other three, hopefully Europe has the sense by now to know it's much safer to spectate than to participate (for its citizens).

And the other countries have a bit of aonopoly on ammunition, whereas we just have nuclear (lots of it but it's more of a defensive weapon afaik).

[palle11]

I think OPEC is there to mediate on oil issue and as far as I know, the body has been reaching out to oil nations. War is not what middle east need now but a cooperation within themselves. And now than ever before, the world needs to come together for tackle the current health challenge.

[Darker45]

Even before this oil price war has began, there was already war in the Middle East. The war in the Middle East has been running for decades already. And you probably know why. There wouldn't have been wars in these deserts if deep underneath there is nothing. But, fortunately or unfortunately, there is so much resources underneath and this is enticing enough for powerful countries even outside the region to join the game in there.

So there is no war to start soon. It has already started many years ago. There is no point spreading a new rumor.

[20kevin20]

I think OPEC is there to mediate on oil issue and as far as I know, the body has been reaching out to oil nations. War is not what middle east need now but a cooperation within themselves. And now than ever before, the world needs to come together for tackle the current health challenge.

Nobody needs war but I fear the current situation is heading towards something even worse. If it does (and it most likely will..), a lot of people will run out of business, will become unemployed or will have to face hunger (and if banks are going to fuck us up even more as if it's not enough, say hello to the up-and-coming homeless people).

If this is going to be one of the worst crises and recessions human history has ever witnessed, then +90% of us will run out of money and resources which means we would give 0 fucks if a war begins. We'd be more like "we lost everything so there's nothing left to lose anyway".

Hopefully I'm very wrong. This is the worst scenario I'm imagining. I'd rather be hospitalized in ICU than face a war. I hope all will be slowly rebuilt with the most peace possible but I also have to be realistic.

Meanwhile, I'll stay as positive as possible and hope this is not going to turn into something violent. I'm more worried right now about the governments all around the world taking the least effective steps with so much delay, it's exactly like they're specifically delaying the measures to let more people get infected.

People have lost trust in their governments. If this entire pandemic ends with a horrific number of deaths, citizens are going to turn around their own leaders. That could turn very, very bad in no time.

[senin]

Oil Price War willl Bring real War!

Oil Price Will be a lot More expensive then Now


War Will start about soon...  I would Say in 7 Days.

The hidden war for oil always goes on. However, Russia now has so many different problems that it hardly dared to openly fight for oil. Now Russia has shown obstinacy and has not agreed to reduce oil production so that its price does not fall too much. However, after some time, Russia will be forced to agree on this with Saudi Arabia and the UAE, when they assess the possible losses.
Putin now imagines himself to be the most powerful emperor in the world, that he began to make a lot of political mistakes.

[bitcoinst]

What kind of conflict are you talking about? As far as I know, OPEC countries adhere to their own plan, while Russia looks the other way and says that it is ready for this.
Everything related to oil is based on its pricing, and in no way can cause a conflict like a war.

[FanatMonet]

There will be no war, one cannot just take it and say: "The name of the country, you are bad, we are flying to bomb you." Saudi Arabia, on the contrary, helps the United States with cheap oil, because with every decrease in the cost of oil by $ 10, US GDP is growing by 0.2% in annual terms.

[kaya11]

Middle eastern countries like Saudi Arabia are not ready for great scale of war, even if they are rich in oil, still they have weapons unlike USA, Russia and china. Only it could ask for assistance to it's allied countries in case they will go to war.

[stompix]

War Will start about soon...  I would Say in 7 Days.

Yeah right, in 7 days it will start and it will stop in the next 6 
There will be no war, why should there be any war between those countries in the first place?
All their interest are aligned when it comes to oil, if they go to war between them they both lose so they will simply pump more and more oil as they have the cheapest oil and they are going to look at which of the biggest oil produces are going to crumble first.
Venezueala? Nigeria? Mexico? Rusia?

By the time the US shale runs out of funds like the Canadian oil sands, these counties would have crumbled already.

A war between the oil producers?Nope!
On the other hand, Russia and the URSS defaulted twice during a low price oil and Nigeria isn't that better, you're looking at the wrong map.

And 7 days? Lol..

[Hydrogen]

Attempts to branch out into tourism and real estate in dubai reflect the middle east's desire to diversify its holdings and wealth away from oil. This offers hope for middle eastern economies not being one dimensional or reliant purely upon crude to sustain themselves. Middle eastern armies with the exception of perhaps israel are not well trained or prepared to wage war against each other. Some like iran are so poorly trained and prepared they cannot launch missiles without unfortunately shooting down their own passenger jets.

War in the middle east due to declining oil prices doesn't appear to be a good prospect. There are political divides which could ignite under the right circumstances. Although I think its unlikely that will happen soon due to declining price of oil. Which are fueled primarily by declines in global transportation, shipping and trade.

[Lizzylove1]

There will be no war, no one wants to go to war. Going to war in the middle of this current economic crisis will only leave more hunger and starvation besides, Iran won't be interested in any war because of having too many enemies in the gulf nations and around the world. OPEC nations that didn't save like Nigeria will go into economic recession. 

[Argoo]

In the current situation, there can be no war for oil. Now Russia is the main aggressor on the world stage. In the context of the impending global economic crisis, she is not ready to fight against all. It just ruins her. Putin already made a mistake by refusing, together with all oil-producing countries, to reduce the level of oil production, and now Russia has suffered enormous losses. After some time, these countries will be forced to agree on joint plans for oil production. It is unlikely that another scenario will be possible.

[Sadlife]

Quite possible with the recession, the US government tried to stimulate the economy but no one is actually biting. Maybe this will start the real world war with the US backed against the wall, they will surely seek new source of money and middle east could be the first. If the stock markets continues to plummet then they may have to take action and this might be the end for fiat currencies.

[avikz]

I think OPEC is there to mediate on oil issue and as far as I know, the body has been reaching out to oil nations. War is not what middle east need now but a cooperation within themselves. And now than ever before, the world needs to come together for tackle the current health challenge.

The organization of Petroleum Exporting countries (OPEC) is an intergovernmental nations of 16 countries. The powerful of them all - Saudi Arabia. Let's look at some interesting statistics below,

Military budget:
Saudi Arabia - $67.6 billion
UAE - $22.7 billion
Iran - $19.6 billion
Algeria - $13 billion
Indonesia - $7.6 billion
Venezuela -  $7.45 billion
Congo - $7.15 billion
Angola - $7 billion
Qatar - $6 billion
Kuwait - $6.8 billion
Libya - $3 billion
Ecuador - $2.5 billion
Nigeria - $2.1 billion
Iraq - $1.73 billion
Gabon - $83 million
Equatorial Guinea - no info

Source: https://www.globalfirepower.com/defense-spending-budget.asp

For this reason, no one within OPEC will get into a war unless and until it is incited by some other countries outside OPEC. We need to remember, that not only Oil price is crashing. Every single market on earth is crashing and the issue is faced by every countries on earth. It's not about the oil only! Chill! no war would happen in imminent future!

[Subbir]

The oil price competition will never come not only within the Middle East nor any country will support this war If one thing goes its alternative must be something or something that nobody wants to fight therein will hurt their country. they're going to not take part case of an economic downturn this may be fixed again in support of the new Fiat currency.

[Febo]

There will be no war, one cannot just take it and say: "The name of the country, you are bad, we are flying to bomb you." Saudi Arabia, on the contrary, helps the United States with cheap oil, because with every decrease in the cost of oil by $ 10, US GDP is growing by 0.2% in annual terms.

USA is exporter of oil. Price of oil barrel will go definitely sub $10. Fracking industry will get pwned. Saudis & Putin mafia rules.

[nosferzd]

The hidden war for oil always goes on. However, Russia now has so many different problems that it hardly dared to openly fight for oil. Now Russia has shown obstinacy and has not agreed to reduce oil production so that its price does not fall too much. However, after some time, Russia will be forced to agree on this with Saudi Arabia and the UAE, when they assess the possible losses.
Putin now imagines himself to be the most powerful emperor in the world, that he began to make a lot of political mistakes.

Putin makes many mistakes, not because he considers himself powerful, but because he has been sitting at the head of the country for more than 20 years, and is going to sit for at least another 15 years. And he will fight for oil with all his might, because the entire economy of Russia is oil and gas production.