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Just done some quick reading I'd say its likely sanctions will be lifted on Iran under this Biden administration, he's making any last ditch attempt to slow inflation, however their output only equates to about 3% on world production I'm not sure its going to make that much difference to the general upward trend
Plus it will take many months if it gets the go ahead
It makes very little sense for Russia to invade but this is Putin and a few of his mates making decisions to suit their own egos, rather than the millions of people they should be serving.
However I’d be shocked if the west sanctioned and interrupted their energy exports, families in Europe already struggling with fuel costs and oil looks to be heading to $100 anyway, god knows what price it’ll get to if that happens. Which is why I think they’ll give that idea a swerve
Similar to Shell they will probably massage the figures a bit lower
Announcing stellar profits in the middle of COP26 probably best avoided, I expect big oil wants to keep a low profile atm
Anyway I’m holding in to 2022, collect the dividends a long the way.
With these and BP, still well below pre Covid price
Take the dividends on the journey back up
This is the first football tournament in my lifetime I have never visited the pub, I have zero plans to at this point even if England progress. Stay at home with a few friends, pack the fridge
First of all busy pubs in the middle of a pandemic aren’t exactly an attraction, then on the other side of the coin Pre table booking, masks, stay at your table, not allowed to get up unless you’re going to the toilet, etc etc all understandable but a huge turn off.