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(Denver Post)   Russia is pushing out Iran's oil in Asia. This should not cause *any* friction   (denverpost.com) divider line
    More: Followup, Iran, Middle East, Petroleum, Asia, Tehran, Iran's oil exports, Tehran's daily crude exports, so-called Joint Comprehensive Plan of Action  
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619 clicks; posted to Business » on 26 Sep 2022 at 3:18 PM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-09-26 3:27:54 PM  
But what happens when the oil hits the Indus?
 
2022-09-26 3:32:28 PM  
Iran should have stuck with their buy into Europe plan. Oh well I am sure this too will be fine.
 
2022-09-26 3:43:26 PM  

fortheloveof: Iran should have stuck with their buy into Europe plan. Oh well I am sure this too will be fine.


What is that plan?

As far I can see, Iran is still hoping to reach a nuclear agreement. Obviously they wont have to compete with Russia in the EU.
 
2022-09-26 4:36:31 PM  

Ketchuponsteak: fortheloveof: Iran should have stuck with their buy into Europe plan. Oh well I am sure this too will be fine.

What is that plan?

As far I can see, Iran is still hoping to reach a nuclear agreement. Obviously they wont have to compete with Russia in the EU.


It is the nuclear agreement and an attempt to return to normalized relations with the West. Iran did some damage to that with some of their support to Russia and some of the backdoor issues that had come with that.

I imagine the current unrest in Iran is causing additional issues with that now.
 
2022-09-26 5:19:03 PM  
Race to the bottom, assholes. Let's see how low you can go.
 
2022-09-26 5:19:51 PM  
Is that why they sold them all the shiate drones?
 
2022-09-26 5:40:24 PM  

Cormee: Is that why they sold them all the shiate drones?


They're shiat now. But engineers are always working bugs out. Wouldn't be surprised with all this field testing Iran is getting that their drones will be better in the next version.
 
2022-09-26 6:01:24 PM  

Thoreny: Cormee: Is that why they sold them all the shiate drones?

They're shiat now. But engineers are always working bugs out. Wouldn't be surprised with all this field testing Iran is getting that their drones will be better in the next version.


Absolutely. Free user testing. Might be a bit late for Russia though
 
2022-09-26 9:08:25 PM  
Wars always cause resource spikes, but then they leave a lot of impoverished resource exporters selling whatever they can to pay off their debts.

Russia is exporting as much as it can now. What happens when the war ends? SPLOOOSH. All that oil and gas comes back to the market. If Iran caves when it sees how useless Russia and nukes are, then SPLOOOSH, here comes some more supply.

I suppose one of the obvious things about this current situation is that you have two heavily sanctioned states competing to sell to sanction dodgers. The former are increasingly needy, the latter aren't, so of course there will be competition.
 
2022-09-27 12:50:14 AM  
How many underground pipes does Russia have going into China?
 
2022-09-27 1:00:19 AM  

2fardownthread: Wars always cause resource spikes, but then they leave a lot of impoverished resource exporters selling whatever they can to pay off their debts.

Russia is exporting as much as it can now. What happens when the war ends? SPLOOOSH. All that oil and gas comes back to the market. If Iran caves when it sees how useless Russia and nukes are, then SPLOOOSH, here comes some more supply.

I suppose one of the obvious things about this current situation is that you have two heavily sanctioned states competing to sell to sanction dodgers. The former are increasingly needy, the latter aren't, so of course there will be competition.


It won't come back on the market quickly. Almost all Russian gas went to Europe, and they're not going to put themselves under Russia's thumb again. That means Russia will have to build new pipelines or liquification facilities, neither of which it has the capital nor expertise for, and not much hope of getting either with sanctions in place. And they'll likely stay in place while reparations are being hashed out .
 
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