Subject: Re: The TACOrettes keep coming
...that he would be grateful/willing to cut a deal in order to find his way back into power.

I'll grant that, worst case, that is the sort of nonsense that could get traction in a "JC" echo chamber, where no dissent/reality is allowed. I see no indication that "Bibi" is even a tenth as delusional as Trump.

They clearly had a bunch of folks that they were expecting to be the contenders after Khameini was dead, but whom they ended up killing in that very first wave of strikes.

That has been the official line: "we killed everyone. there isn't anyone left to negotiate with", in spite of Trump then declaring they are close to a negotiated agreement.

Today, Trump has, again, made a "peace is at hand" statement. Oil is down $6, and the market is flying. But any "arty deal" with the current regime would leave the regime in place, which is not what "Bibi" wants. "Bibi" wants the same outcome as in Iraq, Syria, and Libya: total destruction of the regime.

Think for a moment. If the war had continued at 10/10s, someone would be out of ammo now, and the issue would be settled. But no, we have a "cease fire", which maintains the ability of both sides to carry on, so the threat to traffic in the Strait remains, while the world draws down it's reserves.

Meanwhile, as God and Savior Trump makes soothing noises.

Exxon CEO sends message on Strait of Hormuz impact on oil prices

In fact, Woods argued the market hasn't come close to pricing in the full damage yet.

“There was a lot of oil in transit on the water, a lot of inventory on the water that has been deployed in the first month of the conflict. Strategic petroleum reserves have been released, commercial inventories have been drawn down."

In plain terms, the world has been living off its emergency stockpiles, which won't last forever.

ExxonMobil posted a strong quarter.

The energy products segment, which covers refining and fuel supply, earned $2.8 billion in the first quarter. That is up roughly $2 billion compared to the same period a year ago.

The company's Gulf Coast refineries ran at record utilization rates. In March alone, ExxonMobil increased refinery output by 200,000 barrels per day compared to February.

To put that in perspective, that is roughly the equivalent of an entire mid-sized refinery coming online overnight.

https://www.msn.com/en-us/mone...

Steve