The Iran War (was Nuclear Program) thread

[jon-nyc]

I wonder what price of oil is required at equilibrium to destroy 10% of global demand. And 20%, etc.

[Mik]

Well, here's the gift. We still don't know who is giving it.

https://www.msn.com/en-us/news/world/trump-ends-worldwide-guessing-game-about-what-iran-actually-gifted-to-the-us/ar-AA1ZtAkO

[Renauda]

@jon-nyc said:

I wonder what price of oil is required at equilibrium to destroy 10% of global demand. And 20%, etc.

Good question. Not sure if anyone knows at this point.

[AndyD]

All news TV is about an 80 year old stuck in a quagmire.
Or rather, quicksand.

Can his redoubtable team come up trumps?

[jon-nyc]

Matters less than it might seem but interesting all the same.

[AndyD]

Interesting graphic

[Mik]

It is. Interesting way to show it. I'd imagine Iran is getting some pretty serious pressure to open it up. But I hate to see other countries struggle with energy for this war.

[jon-nyc]

[Andrea B]

Jeezel, Pete.

[jon-nyc]

#3 is debatable, but no doubt this is yet another example that shows why mid-tier powers will want nukes.

The question is will it have been worth it when it’s over.

[jon-nyc]

Us giving up with the strait still closed seems like among the worst outcomes we might have realistically imagined.

Trump thinks he can will the W into reality by repeating it and hearing from his yes-men but the whole world will know it’s a massive L.

(Tweet author is WSJ reporter on national security beat.)