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goodmythical
ATH was <$148 and we're not even breaching COVID highs and we're down ~30% from three days ago.
general1465
It is dropping because countries released strategic oil reserves. That's temporary band aid.
bitroughj
That would be a foolish move for Iran, but they seem to be making a lot of foolish moves. Isn’t there a saying about never throwing away the moral high ground? As though they are trying to out-stupid Netanyahu’s man in the whitehouse.
tartoran
Kindof stupid to attack them the way we did, no planning, rash, cruel (school children killed) etc. Now we're all going to have to suffer through the consequences regardless of whether the Iranian regime survives or not.
toldnotmywrath
I think the reasoning is that if you don't make an adventure like this painful, the US will not think twice about returning again.
bitroughj
Only someone entirely ignorant of history would embrace that reasoning.
10xDev
They are attempting MAD but without nukes. The problem is that while the US seems to have obliterated Iran, they have no endgame plan on actually accomplishing a regime change. They thought about arming Kurdish Iranians but wen't against the idea, now we seem to be in a perpetual state of "it is over / it is not over".
watwut
Iran does not seem obliterated to me at all. Also, Israel does not want regime change. They want failed state, either civil war or otherwise incapabke to govern. USA does not know what the fuck it wants.
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mannyv
Iran has perfected the "full of shit" playbook. The press repeat it because clickbait.
ajewhere
After what you did to them, I hope this will be the biggest problem.