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“If the war in Iran ended tomorrow, it would have a much greater impact, even though it might take months and, in some instances years, for the damage done to infrastructure in the Middle East and confidence in passing through the Strait of Hormuz to be fully…”

“Days earlier Hinson had called for “an immediate and successful end to the war in Iran” and urgent relief for families, farmers, seniors and small businesses struggling with the cost of petrol, diesel and everyday goods.”

“The US departure has been celebrated as a victory in Iran, which remains in an uneasy ceasefire with the US and Israel following months of war.”

“Yet American weapons supplies, which have already been diminished by the supply of arms to Ukraine, are now being severely depleted by Trump’s war in Iran, while China only grows stronger day by day.”

“Nothing illustrates this futility better than Donald Trump using the UN forum to effectively declare war on Iran.”

“Moreover, unlike crude supply, where the end of hostilities in the Middle East would see a rapid rebound in supply, elevated diesel prices are likely to be a feature of the global markets for months after the war’s conclusion, if not years, because of the…”

“…d tax cuts that overwhelmingly benefit the ultra-wealthy and large corporations, and we now discover that the cost of going to war with Iran will cost the constantly ripped-off US taxpayers $38 billion – to say nothing of lives lost and widespread…”

“While the prospect of a de-escalation of war in Iran may have dimmed, ING commodities strategists Warren Patterson and Ewa Manthey wrote in a commentary on Monday that the situation is still fluid and “sizable” volumes of oil have still been moving through…”