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Author Topic: Oil will be high for a while  (Read 1965 times)
tottong
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June 16, 2026, 09:42:10 AM
 #241

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.

That's why war has a major impact on everything it affects, and post-war recovery won't be as quick as the normalization of rising prices, like oil.
Companies will now struggle to maintain stability and will attempt to raise product prices to avoid losses caused by rising raw material prices. The impact is not only on the companies themselves, but also on society, which ultimately suffers.
It will take time to recover because the impact of the current economic conditions will continue to spread to all other sectors, and even if the war ends, this cannot be reversed quickly.
Many companies have finally stopped operating for certain reasons, so what will happen to workers who are laid off because we will see more unemployment in the future.

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June 16, 2026, 10:04:19 AM
 #242

Markets will evaluate the implementation of the agreements. This isn't a final agreement, it's just a memorandum, a so-called roadmap, but let's call it a path to peace. Oil prices fell sharply after this news, but they actually remain quite high. By the close of the US stock market session, WTI was trading at the upper limit of its intraday range. And it must be said that oil prices are still 20% above their pre-war level. The price of 2026 Brent crude fell below $80.

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June 18, 2026, 08:32:53 PM
 #243

To an extent I support that if care is not taking with the recent out break of war which have drop the pice pumps drastically. Oil currently is the major source of business transportation and exchange use now, mostly for countries that don't have oil much on there soil and wants to trasact some of there products in exchange of oil. The impact of war on a counties economy can't be over emphasis, because it leaves marks and signs In the cost of time.
In our country, oil prices have started to rise this month, and this has become a very heavy burden for everyone, especially those with multiple vehicles at home. I also don't want to see the war continue, as it could have even more negative effects on the economy and other sectors. Therefore, I hope to avoid war in oil-producing countries so that oil imports can continue smoothly, and non-oil-producing countries can use oil at a more affordable price. The effects of high oil prices can also spread to other goods due to the increased transportation and production costs of all goods.

Yes, if the war ends completely we will feel the impact so far there's a deal between US and Iran and as I understand there's already an impact regarding to the price of oil in our country a big rollback is anticipated, hopefully this deal will continue and for longer duration or if possible both countries will have a better view and will make a long term solution as it will helps everyone that relies getting their oil from the middle east.

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June 18, 2026, 09:15:45 PM
 #244

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.

It looks like Trump has finally surrendered to Iran and handed over $300 billion for them to re-open the strait, effectively making the whole war that the US and Israel waged against them pointless. If this agreement does hold, which Trump needs it to do as he heads into midterms with absolutely awful polling results right now, then we should start to see oil prices stabilize and perhaps start dropping again. There is quite a bit of rebuilding to be done in the Middle East as Iran did hit some rather important processing facilities and there will be a backlog of a few months before all that shipping is flowing normally again. Then there will be some oil wells that were capped because storage facilities maxed out and it is expensive to get them flowing again. On the whole it was an expensive and utterly unnecessary war that achieved nothing but embarrass the America and Israel - who got hit harder than ever before.

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