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*[[Sebastian Sas]]: [https://youtu.be/DeS2PwQq_yo “Biblical Disaster”: CME Chief Warns US Over Oil Market Intervention as Hormuz Crisis Grows].
*[[Sebastian Sas]]: [https://youtu.be/DeS2PwQq_yo “Biblical Disaster”: CME Chief Warns US Over Oil Market Intervention as Hormuz Crisis Grows].
:"Terry Duffy, the head of CME Group has warned that US intervention in oil futures would be a “biblical disaster”. He stressed that oil prices should be set by [[supply and demand]] and not manipulated in any way" - quoted in the ''[[Financial Times]]'' - [https://www.ft.com/content/823657f2-4f8b-4325-88db-fbbdba6c9e17 '''US intervention in oil futures would be ‘biblical disaster’''', CME warns]. “Markets do not like it when governments intervene in pricing,” Duffy told the conference in Boca Raton, Florida. Such a move would risk a “biblical disaster” if investors lost [[confidence]] in [[market]]s to set the price of critical commodities, he said. [https://www.ft.com/content/823657f2-4f8b-4325-88db-fbbdba6c9e17] Note: [[Scott Bessent]] is an [[idiot]].
:"Terry Duffy, the head of CME Group has warned that US intervention in oil futures would be a “biblical disaster”. He stressed that oil prices should be set by [[supply and demand]] and not manipulated in any way" - quoted in the ''[[Financial Times]]'' - [https://www.ft.com/content/823657f2-4f8b-4325-88db-fbbdba6c9e17 '''US intervention in oil futures would be ‘biblical disaster’''', CME warns]. “Markets do not like it when governments intervene in pricing,” Duffy told the conference in Boca Raton, Florida. Such a move would risk a “biblical disaster” if investors lost [[confidence]] in [[market]]s to set the price of critical commodities, he said. [https://www.ft.com/content/823657f2-4f8b-4325-88db-fbbdba6c9e17] Note: [[Scott Bessent]] is an [[idiot]].
::[[Mark Wauck]]: [https://meaninginhistory.substack.com/p/long-war-analyses Long War Analyses].
:::"...[[Iran]] gained more [[economic sanctions|sanctions relief]] from closing [[Hormuz]] than through any [[diplomatic]] means, including the [[JCPOA]]...."
*[[Yanis Varoufakis]]: [https://youtu.be/sxMrNecpBjM Iran War Collapses U.S. Neoliberal Economy].
*[[Yanis Varoufakis]]: [https://youtu.be/sxMrNecpBjM Iran War Collapses U.S. Neoliberal Economy].
*''[[RT]]'': The [[Epic Fury|US-Israeli war on Iran]] has shut fertilizer plants throughout [[Persian Gulf|the Gulf]] and choked off shipping routes...The longer it drags on, the greater the risk of a global [[food]] [[crisis]]...The ongoing conflict affects every step of the fertilizer production chain...For [[farme]]rs in the [[northern hemisphere]], the [[war]] has come at the worst possible time...The spring planting season has begun, and [[fertilizer]] is in high demand...While rising [[fuel]] [[cost]]s are the most obvious consequence of the war to [[consumer]]s, the [[price]] of fertilizer is also increasing, and supply of its ingredients is tightening. [https://www.rt.com/news/634873-iran-war-fertilizer-shortage/]
*''[[RT]]'': The [[Epic Fury|US-Israeli war on Iran]] has shut fertilizer plants throughout [[Persian Gulf|the Gulf]] and choked off shipping routes...The longer it drags on, the greater the risk of a global [[food]] [[crisis]]...The ongoing conflict affects every step of the fertilizer production chain...For [[farme]]rs in the [[northern hemisphere]], the [[war]] has come at the worst possible time...The spring planting season has begun, and [[fertilizer]] is in high demand...While rising [[fuel]] [[cost]]s are the most obvious consequence of the war to [[consumer]]s, the [[price]] of fertilizer is also increasing, and supply of its ingredients is tightening. [https://www.rt.com/news/634873-iran-war-fertilizer-shortage/]