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"The oil crisis is about to get physical. The map at the top of this post shows J.P. Morgan’s estimates of when tankers from the Gulf will stop arriving at various destinations. Deliveries to Asian markets will end this week; deliveries to Europe will end next week.

And once the crisis gets physical, there will no longer be room for jawboning the markets."

~ Paul Krugman

#Trump #Iran #war #StraitofHormuz #oil #gas #ApprovallRating #markets #StockMarket
/6

paulkrugman.substack.com/p/the…


"Right-wing media figures accused President Donald Trump of manipulating the market after stocks surged following his March 23 social media post claiming that the war in Iran was winding down."

Reed McMaster offers a valuable list of MAGA commentators from Ben Shapiro and Nick Fuentes to Steve Bannon pressing this point.

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #profiteering #morality
/23

mediamatters.org/us-iran-relat…


"Yesterday I think the markets began to truly wake up to the disaster Trump has created in the Middle East. Today, Iran is in charge of the Strait of Hormuz, and is now, despite the war, the dominant power in the region. They are holding our economy and the global economy hostage."

~ Simon Rosenberg

#Trump #Iran #war #economy #StockMarket #markets #oil #gas #StraitofHormuz
/22

hopiumchronicles.com/p/copy-se…


"Bond yields climbed as investors sold off Treasurys, pushing borrowing costs higher, including mortgage rates rising above 6.5%. Analysts warn continued geopolitical risk and disrupted oil transport could keep prices elevated despite political downplaying of the situation."

#Trump #Iran #war #oil #gas #markets #StockMarket #Nasdaq #bonds
/21


"U.S. and global markets fell sharply as optimism faded over a possible U.S.-Iran ceasefire, with the Nasdaq entering correction territory and major indexes posting significant losses. Oil prices surged—U.S. crude nearing $95 and Brent above $109—driving higher inflation expectations and raising concerns about long-term energy costs."

~ Aaron Parnas

#Trump #Iran #war #oil #gas #markets #StockMarket #Nasdaq #bonds
/20

aaronparnas.substack.com/p/new…


"There was no discernible reason for these sudden jumps occurring at 6:50 am, normally a fairly sleepy time for premarket trading. But when Trump’s 7:05 am announcement about all those productive conversations predictably drove oil prices down, and stocks rebounded, those 6:50 am traders made bank. In just a few moments, those anonymous and fortunate folks made roughly $580 million."

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #Kalshi #Polymarket #profiteering #morality
/19


"How else do you explain that about 15 minutes before Trump’s surprise announcement of how hunky dory talks were going, there was a sharp increase in purchases of stock market and oil futures?"

~ Lisa Needham

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #Kalshi #Polymarket #corruption #profiteering #morality
/18

publicnotice.co/p/trumpism-dea…


"And like you can bet on preposterous, dystopian life and death things that like, of course, nobody should be able to gamble on. Right. Like, I think we all sort of understand that, like, this is a Black Mirror episode when we're gambling on like which, you know, part of Tehran is going to be bombed on what day."

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #Kalshi #Polymarket #corruption #profiteering #morality
/17


"The reason people are getting so upset about these markets and the reason that politicians now are introducing bills to rein them in is because you can gamble on Iranian missile strikes and, you know, how many deportations will take place in America and whether Gaza will experience a famine."

McKay Coppins

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #Kalshi #Polymarket #corruption #profiteering #morality
/16

thebulwark.com/p/how-america-l…


"On unregulated betting markets, people are setting themselves up to make millions if Trump re-escalates, wagering on the precise timing of a land-invasion of Iran."

~ Brian Beutler

#Trump #Iran #oil #gas #markets #StockMarket #InsiderTrading #Kalshi #Polymarket #corruption #profiteering
/15

offmessage.net/p/expose-all-of…


"Whatever the case, investors who have kept their faith in the president lost it today. 'Stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict,' according to the Associated Press."

#Trump #Iran #war #oil #gas #stupidity #lies #disinformation #markets #StockMarket
/16


"There is, as one expert put it today, a conspicuous gap between what’s the president is saying about the war and what's actually happening, and the gap is getting wider by the day. …

Investors who have kept their faith in the president lost it today."

~ John Stoehr

#Trump #Iran #war #oil #gas #stupidity #lies #disinformation #markets #StockMarket
/15

editorialboard.com/amid-war-tr…


“'We’ve not seen anything like this — there’s been no disruption of this scale in the past. It’s every oil analyst’s study piece or worst nightmare — one that we never thought would happen.'—Gareth Ramsay, chief economist for BP, on the Iran war’s impact on energy markets"

~ David Kurtz

#Trump #Iran #war #oil #gas #StraitofHormuz #economy #StockMarket
/7

morningmemo.talkingpointsmemo.…


"iI’d very much like to know exactly who was making those trades yesterday morning,' Krugman wrote. 'Were they people directly in the know, or billionaires/traders who paid people in the know for tips?'”

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/6


"The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S. and Iran were in negotiations to end the war—an announcement that turned out to be false."

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/4


"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5


"This morning, economist Paul Krugman came right out and said it: 'People close to Trump are trading based on national secrets.' Another word for that, he said, is 'treason.'”

~ Heather Cox Richardson

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/3

heathercoxrichardson.substack.…


Yet at that time — 15 minutes before Trump’s announcement — there were no public indications that any serious talks had been taking place between the U.S. and Iran.

So this huge spike in stock market trades and drop in oil futures must have been made by someone, or some people, who had prior knowledge of Trump’s announcement.”

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/2


“15 minutes before Trump announced that the U.S. would postpone strikes against Iran’s energy infrastructure, the volume of stock market trades mysteriously spiked and the price of oil just as mysteriously plunged."

~ Robert Reich

#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/1

robertreich.substack.com/p/tra…