WHO Benefits from a Bullshit 47 year "War???"
Major Disruption: If Iran’s own oil exports get knocked offline—roughly 1.7 to 3 million barrels per day—analysts atGoldman Sachs and Citiproject Brent crude could quickly hit $90 per barrel or more.
This would happen if military strikes target Iran’s oil infrastructure, including refineries, export terminals, and offshore platforms. Iran’s main oil export terminal at Kharg Island handles about 90% of the country’s crude exports. Damage to this facility alone could remove most Iranian oil from global markets.
Extreme Scenario: A full closure of the Strait of Hormuz represents the nightmare scenario. Here’s what major financial institutions predict:
JP Morgan: Prices would “catapult” to $120-$130 per barrel
ING Financial: $120 per barrel, potentially surpassing the all-time record of nearly $150 set in 2008
Goldman Sachs: Well above $100per barrel
The extreme scenario assumes Iran deploys naval mines, uses anti-ship missiles against tankers, or establishes a naval blockade. Even if such actions only last days or weeks, the psychological impact on markets could drive sustained price increases as traders and consumers hoard supplies.
Oil market dynamics amplify these shocks through several mechanisms. First, oil storage capacity is limited, so even brief supply interruptions can cause dramatic price spikes as buyers compete for available supplies. Second, many refineries are designed to process specific types of crude oil, so losing Persian Gulf supplies can’t always be quickly offset by oil from other regions.
moar https://govfacts.org/policy-security/estimating-the-true-cost-of-war-with-iran/