Oil will be high for a while

[Leahized]

To be honest, I've been increasingly thinking about buying an inexpensive electric car myself. There's just one problem: there are no charging stations in the city. The infrastructure is completely nonexistent. This is only suitable for those living in private homes. For those living in apartment buildings, charging will be a real quest.

No matter what you think, petrol and diesel cars are not going to stop, or even banned by the government. Almost 90% of all vehicles in my country are dependent on petrol, so its price is constantly increasing. Your decision is very good but in present time there may be crisis of oil and fuel as well as electricity. The reason for saying this is that I am in a similar situation in my state right now. Many problems with fuel as well as electrical.

[Iranus]

In the market, there’s really no such thing as an 'objectively high' or 'low' price. Oil could easily pull another 100% gain from current levels, so why not invest?

Oil prices could continue to rise even higher and double as you predict, but keep in mind that this is just a prediction and nothing is certain.

Once again: Is it wise to invest in asset that have already increased significantly and ignore those that haven't yet?

I will focus on taking profit and limiting further accumulation of assets such as gold or oil. Instead, Bitcoin has fallen significantly and is now a more suitable option.

Geopolitically, the US has taken the bait from Israel, and for Iran, this is now a fight to the death. They are backed into a corner. Taking a truce now would be like letting your opponent up from a 'ground and pound' (parterre) position—it would just give the US time to regroup and deliver a much more devastating blow later.

Iran's strategy is to drag this out; the longer they fight, the more anti-war sentiment grows in the US, draining Trump’s ratings and his budget for the war

Politics is incredibly complex and far beyond our imagination. Therefore, most of our assumptions are essentially based on personal desire and expectation, rather than on objective data and perspectives

[bakasabo]

Increased fuel price is least problem for vehicle owners. Switching to EV wont give a significant help, because the economy that is made from switching from paying for fuel to paying for electricity will be nullified by increased prices on products and services. Logistic companies and manufacturing suffer most increased fuel price. For example you saved couple hundreds EUR on fuel, but will pay about +30-50% more for everything you buy in stores. For example I was spending ~150 EUR monthly on fuel, but due to new prices I am spending +200 EUR. Previous month 1l of milk cost 0.99 EUR, today it is 1.49 EUR already. Additionally cost of EV > cost of petrol/diesel car. It will take years before your expenses on fuel-electricity balance.

[DrBeer]

Increased fuel price is least problem for vehicle owners. Switching to EV wont give a significant help, because the economy that is made from switching from paying for fuel to paying for electricity will be nullified by increased prices on products and services. Logistic companies and manufacturing suffer most increased fuel price. For example you saved couple hundreds EUR on fuel, but will pay about +30-50% more for everything you buy in stores. For example I was spending ~150 EUR monthly on fuel, but due to new prices I am spending +200 EUR. Previous month 1l of milk cost 0.99 EUR, today it is 1.49 EUR already. Additionally cost of EV > cost of petrol/diesel car. It will take years before your expenses on fuel-electricity balance.

Of course, the transition to electric vehicles—especially for logistics companies—is not a quick process. But those companies that think long-term, and seeing the recurring problems with oil, which has become hostage to geopolitical issues, will shift toward electric vehicles. Waiting for the next crisis and then losing business is not the best strategy.
And yes, unfortunately, logistics costs—for example, in the cost of food—are significant, which means that rising gasoline prices will trigger a chain reaction: rising oil prices → rising gasoline/diesel prices → rising service prices → rising food and other prices → reduced consumption of these goods → reduced and stagnant production of these goods → lower incomes and job losses → falling purchasing power → ....

[LogitechMouse]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

Thing will not go back to normal when it comes to the price of oil worldwide.

Let's just use the COVID19 Pandemic last 2020 as an example. Before the pandemic, the price of it is still low (can't tell the exact price). When the pandemic happened, the price of Oil went up significantly, and in some cases, it even tripled or even quadrupled to it's price before the pandemic even started. 2 years after that, we went back to normal, and the price of oil went down after that, but not as low as it was before the pandemic happened. It will be the same scenario with this one that's why I always say "Brace for Impact" because all countries and those who are using Oil in whatever things they're doing will be affected. Yes we could see the price go down, but it will not be as low as the prices that we saw after the war.

Especially now that the Iran is demanding a fee to the ships that will pass through the Strait of Hormuz, if they'll continue to do it and it will be approved then that "Fee" will be passed through the consumers hence, increasing the price of Oil. With the increasing price of Oil, I believe that more and more people will lean toward Electric Vehicles, and maybe some alternatives as well in terms of transportation.

[EarnOnVictor]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

I don't see foolishness here, after all, everybody is speculating, and yours could be right or wrong, so you shouldn't base it as a yardstick. For starters, oil price hike will not threaten companies the way make it look, as it's not a severe economic woe, but just an inflation-induced issue. And it's not as if the price of oil will double, except some evil people trying to make it look messier in some countries.

At worst, what companies buy is what they would sell, and consumers bear the burnt the most. Here is where it even gets favourable for them: many of them would have the old stocks, but will hide under the oil-induced inflation to gain more. And if the price of crude oil could be far below the peak of the war in the third week, I don't think it's as dangerous as you painted it.

[terrific]

No matter what you think, petrol and diesel cars are not going to stop, or even banned by the government. Almost 90% of all vehicles in my country are dependent on petrol, so its price is constantly increasing. Your decision is very good but in present time there may be crisis of oil and fuel as well as electricity. The reason for saying this is that I am in a similar situation in my state right now. Many problems with fuel as well as electrical.

There are several countries that are targeting to start having fully electric cars by 2030 onwards.
But I agree with you, while it's possible for those countries but the diesel cars won't be phased out.
When this situation neutralizes, everyone who's seen how good it is with the engine diesel cars, they'll get back to it.
Although the sales for the EVs now are possibly ramping, we have to see some data or record by the end of this month.

[YUriy1991]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

This is a serious issue, but in my opinion, war is not only an economic calculation but also a humanitarian crisis, with many casualties and subsequent impacts on the food crisis. A large portion of the human population will starve if the war continues too long. Therefore, I sincerely hope this war will end. The US and Israel have made the mistake of interfering too much in the internal affairs of other countries, causing the global economy to fall into chaos, as it is now. Many companies will go bankrupt, unable to survive the rise in energy prices, which will result in layoffs and a large number of unemployed employee.

[Umulala-alala]

You see Wars do leave a long effect that people don't see immediately even right after the war ends the damages it caused to businesses, people's livelihood and the price of oil can't just be fixed once. So the truth is that in this kind of situation it will require patience and alot of time for the economy to bounce back to it's normal state, and for the balance companies and countries will have to adjust and when adjusting it will take a long period of time, so that's why we shouldn't be expecting things to just recover just after the war

In war time like this there are people who achieve from it as the price of oil is increasing while there are also countries or people who suffers the most but the countries involved in the war suffers alot of setback and it always takes a lot of time for things to go back normal. There is only one country that when things goes high it doesn't go down again even when there is no war they always use what is happening in another country as an excuse while they intentionally made it this way, when ever the price of anything is increase it doesn't go down again instead it will get increasing.

[fruktik]

The last Soviet generation hasn't vanished—it has simply lost its mind, unable to come to terms with the collapse of the USSR.

Now, a war with Iran, soaring oil prices, and the resulting energy deficit will bring down another empire. The US will disappear, starting with a bipartisan crisis, followed by the collapse of its judicial and financial systems. It’s terrifying to imagine what will emerge from the ruins of such a giant, but at least that state is geographically isolated by the oceans

But maybe it's right that this whole situation will lead to collapse? If countries are run by idiots, it's a consequence of inept policies.

What did the war in Iran lead to? High oil prices. And who profited from it? Trump's inner circle, who knew about it. Red Donnie is a businessman, isn't he? So he's exploiting his position as best he can. This is just the beginning. The US won't stop with Iran. They'll stick their noses in everywhere as long as Trump and his team are in power.

[Oluwa-btc]

Instead of worrying, we should be looking for opportunities. Oil hitting $200 seems almost certain now, especially with Israeli media reporting Trump’s decision to launch a ground operation. Buying oil tokens is a solid play to profit while bringing liquidity to the blockchain.

Right now, the easiest move is buying perpetual futures on a DEX or Hyperliquid. Personally, I’m waiting for Paxos to drop their oil token. I already buy Pax Gold from them via Cryptomus, as they guarantee their tokens are backed by real-world assets.

This ground operation will be like opening the gates of hell for the US. With three amphibious assault ships heading to the Strait of Hormuz, D-Day will look pale in comparison to the casualties this landing will see, especially given how far drone tech has come

Ground invasion will be bloody, it will be a fatal blow for Us soldiers. This is not Americans war, this is broad day light suicide mission. The Iranians have been planning this for years and also which ever country around the GGC used to invade Iranians will be bombed heavily. The Iranian government has already sent that warning across. Finally, the Strait of Hormuz has never been closed to nobody,  they're only closed to United States and their allies.

[Bluedrem]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

When can the damage of a storm be felt? The answer is when the storm stops.
The same is true in the case of war. The horrors of war can be observed only in the days after the war ends.
During the war, many things related to oil, including oil refinery companies, are about to be shut down. The main target of the war is currently the energy sector.
Yes, you are right, once the war stops, the normality of oil prices will not return overnight, but relief will definitely return. Although it will take time for oil prices to return to normal, considering the current situation, if the war starts, I cannot even imagine where the oil prices will stop. Now the only thing that the people want is for the war to end quickly.

[As-Soon-As]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

War situations never bring benefits to the country, but rather create difficulties, create financial crises among different countries and make the country economically very weak. However, in the war that has been organized between Iran and Israel and America, Iran has played a very strong role and has kept the whole world in fear.
Especially due to the weakness of energy power, the current situation has gone out of control. However, I think it may take more than a year to bring the current situation in the country under control, because the country is full of cries for fuel oil.

[B-BossMan]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

Op, you know as the war begins every country are expecting everything bad or good to come in return, because all the neighboring countries will definitely be affected either one way or the other, so there's no way a war will not caused us damages to our economies, our businesses and our daily lives activities, so many of us that are in the neighboring countries will suffer the most in certain aspects, particularly the crude oil, because when the supply chain are affected, the oil prices would rises generally rather globally and the cost of living will be higher to some extent. Moreover even after the war ends it will take a longer time for some countries to settle down.

[Lembo69]

Op, you as the war begins every country are expecting everything bad or good to come in return, because all the neighboring countries will definitely be affected either one way or the other, so there's no way a war will not caused us damages to our economies, our businesses and our daily lives activities, so many us will that are in the neighboring countries will suffer the most in certain aspects, particularly the crude oil, because when the supply chain are affected, the oil prices would rises generally rather globally and the cost of living will be higher to some extent. Moreover even after the war ends it will take a longer time for some countries to settle down.

Currently, the price of many things has increased, starting from the price of oil due to the war. And there are some countries that may not be getting oil properly. Apart from the energy crisis, there are other crises as well, in fact, we should hope that those who started the war will resolve them. However, Iran's anger towards Israel is reasonable. Because they have taken the lives of many innocent people.

Anyway, the price of oil has increased a lot, and there is a fear of many crises due to this oil. I don't know when this situation will be fixed. But I hope it will be fixed soon. The countries that have been affected by the war have many other crises, starting from the energy crisis, and it will take a long time to repair their country.

[cyberninja2]

This is a serious issue, but in my opinion, war is not only an economic calculation but also a humanitarian crisis, with many casualties and subsequent impacts on the food crisis. A large portion of the human population will starve if the war continues too long. Therefore, I sincerely hope this war will end. The US and Israel have made the mistake of interfering too much in the internal affairs of other countries, causing the global economy to fall into chaos, as it is now. Many companies will go bankrupt, unable to survive the rise in energy prices, which will result in layoffs and a large number of unemployed employee.

I believe you have expressed these sentiments because you have thoroughly analyzed the conflict that has unfolded over the past few weeks. Consequently in response to your observations the only fitting reaction from our side is to commend your analytical acumen regarding the unfolding events between the United States and Israel. Nevertheless the outbreak of hostilities between these two nations is deeply regrettable on many fronts particularly given the mounting casualties and the accelerating deterioration of the global economy. This situation demands urgent attention and dialogue in other words we must strive to ensure that no further conflict occurs so that the economic fallout may be mitigated and the loss of life brought to an immediate halt. Ultimately the imperative is to avert a global economic collapse and to prevent the further escalation of unemployment resulting from the hostilities between the United States and Israel.

[B2Z]

The war is still ongoing and may continue for a long time to come because there is no sign of a settlement so far. Due to the war, a severe crisis of fuel oil is occurring in various countries and the price of fuel oil has already increased in several countries. When a war breaks out between one or more countries, the impact of that war is felt by other countries of the world. Due to the current war between Israel, Iran and America, these three countries have suffered economic losses, so even if the war stops, these three countries can still resort to another way to compensate for their economic losses, and that is to increase the price of fuel oil. Due to the war situation, the price of crude oil has increased a lot and if the price of this oil increases further, it will have a very bad effect on the economies of various countries because no country can function without oil, in which case it must buy oil, and buying oil at a high price means increasing the price of all domestic products in the country.

[Swordsoffreedom]

Ground invasion will be bloody, it will be a fatal blow for Us soldiers. This is not Americans war, this is broad day light suicide mission. The Iranians have been planning this for years and also which ever country around the GGC used to invade Iranians will be bombed heavily. The Iranian government has already sent that warning across. Finally, the Strait of Hormuz has never been closed to nobody,  they're only closed to United States and their allies.

The costly lessons the US military paid when launching full scale war in Iraq or Vietnam still resonate today. I do not think the US Congress would approve and allow that to happen again. So, Trump's deployment of ground troops to the Middle East appears to be a deterrence strategy aimed at gaining leverage in negotiations, rather than preparation for a full scale war

According to the latest news, Iran has allowed oil tankers to pass through the Strait of Hormoz, but selectively. You are right, they only ban ships from the US and its allies

https://www.thestandard.com.hk/world/article/327860/Iran-names-six-countries-whose-ships-can-pass-through-Strait-of-Hormuz-mulls-US2-million-transit-fee

[gunhell16]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

Here in our country, the oil reserve has not yet been exhausted, and the price of gasoline and diesel has already increased by 120%, which is unfair to our citizens. Despite the crisis we are in, petroleum traders are earning billions of pesos every day while poor motorists are suffering from the pain they bring.

I wish they had increased it again when they got a new supply of petroleum, not when they didn't get a new supply and immediately increased it; it's really unfair.

[Jessie2121]

These days we can not say what is what any more, the net is a messed up place, today we are going to hear that the guys on top of this war are now having a peace talk but still nothing to show for, the oil we talk about and other things will affect everything we make use of and it won't stop till maybe something productive happens but the question is when are we going to hear that both parties in this on going war have come to an agreement that there would be no war? People are suffering and the people fueling in pressure for the war to continue don't care about the citizens if nothing is done very fast we might enter into a different phase and some other countries will be forced to join the war just to make things start working as before.