Member Info for Primetime51

Brent crude oil futures briefly rose above $78 before settling around $74 per barrel on Friday, reaching their highest level since February amid fears of supply disruptions following Israel’s strike against Iran. Israel declared a special situation, suggesting Iran could soon retaliate against Israeli targets, fueling concerns over escalating tensions. The prospect of a broader Middle East conflict threatens to disrupt the Strait of Hormuz, a key route for about 20% of global oil flows. Adding to geopolitical risks, the US is preparing a partial evacuation of personnel from the region after Iran threatened to target US bases if nuclear talks fail. Further supporting prices, EIA data showed US crude stocks fell more than expected last week, signaling strong demand, while softer US inflation reinforced expectations of Fed rate cuts by September, potentially boosting economic growth and oil consumption. For the week, oil is on track for its best performance since late February 2022.

Nope to have nuclear weapons for Iran

Yes i know who started it . Do we want a ww3 nope peace is good but will not happen

Jam

Did you not read my post properly

Can anyone or Country reign this regime in?

Nope & US is happy to sell them as many Bombs they want

but let's not forget who started this

for the record i dislike Israel's pm

Https://www.bbc.co.uk/news/live/c93ydeqyq71t

Shashank Joshi, defence editor at The Economist, says Israel's claims that Iran has been accelerating its weapons-related work "deserves very careful scrutiny".

Joshi tells BBC Radio 4's Today programme that to many Iranians waking up today, Israel's overnight strikes will look like an effort to destabilise the regime, rather than a scalpel-like strike of nuclear sites.

He adds that he expects weeks of serious disruption.

"We're at the early stage both of the Israeli campaign, which will be multiple days to inflict serious damage on Iranian sites, but also the Iranian retaliation that is inevitable."

Iran's Supreme Leader Ayatollah Ali Khamenei says Israel "should anticipate a severe punishment" following overnight strikes which targeted nuclear sites and killed several military commanders.

He says Israel has "committed a crime in our dear country today" and his military forces "won’t let them go unpunished".

"With this crime, the Zionist regime has prepared for itself a bitter, painful fate, which it will definitely see."

Iran has since launched about 100 drones towards Israel, according to the Israel Defense Forces (IDF).

@ 1Armani Thanks saved me looking

I would have thought Poo with what has just happened would be a lot higher maybe they think Iran's response will not be severe. ? We wait & see i realy thought there could be a peace pack over s#it brokered

Diplomatic placating taking place.

Wonder if US/Iran talks still going ahead Sunday ?

@ Stille thanks

I just read the post to see how everyone is doing .

Brent going up even though hedged still has an affect on airlines

gla

Https://www.youtube.com/watch?v=NV0NxHLhLQg

worth a listing to

@ RPT

Not looking good at all with a likely significant impact on oil prices. Brent Crude already almost touching $70bbl again.

I'm for peace but have been buying BP @ higher prices than i would normally like to .

Still would like to sit it out a wait for Elliott to sort BP out than another war starting

GLA

The crash saw airline share prices fall. British Airways owner, IAG, fell 3.2%, easyJet fell 3.8%, Deutsche Lufthansa fell 2.7% and Air France-KLM fell 7.3%.

Putting further pressure on airlines, a jump in oil prices raises the likelihood of higher fuel costs.

Brent oil was quoted higher at USD69.66 a barrel at the time of the London equities close on Thursday, from USD68.23 late Wednesday.

The oil price firmed following reports that Israel was poised to launch airstrikes on Iran, along with Trump saying he was now "less confident" that talks with Tehran would end up with it rolling back its nuclear programme.

Yes same old story Oil ticks Up Airline stocks down

GLA apart from One

There seems to be a fight around the Brent $70 mark

I'm hoping Iran will come to some deal as Israel's Benjamin Netanyahu imo wants to finish of the war once & for all no mater what the cost to human life

GLA

The UK economy fell at a faster pace than expected in April, numbers on Thursday showed, as services output slumped.

According to the Office for National Statistics, the UK economy fell 0.3% in April from March. It had expanded 0.2% in March from February.

The reading for April fell short of expectations, as a smaller decline of 0.1% was expected, according to consensus cited by FXStreet.

!Armani

Yes were on same page

Just taken a few £4.5K worth will see what happens Sunday with US / Iran talks before

gl i go in for more

1 Armani

next major resistance 408p

I have 1 more resistance @ about £3.865 ish before move on to £4

gl

Scotty

Agreed he is one big saddo

Full of 💩& a 🤡to boot

The problem is Iran are always backing proxy wars & for sure can not be trusted

It is the Iranian supreme leaders that should be taken out as they rule there people with an iron fist

If it is there goal for enrichment for peaceful purposes they are @ that level

So can they be trusted NO not a chance they have always stuck with wiping Israel of the face of the earth

There were 2x £44 mill sells yesterday @ £3.72ish so imo are being pasted on at the moment @ higher price

If you think Iran & US talks will come to nothing there is a good chance Israel will go for Nuke sites imo

All to play for Nuke strikes or not Elliott & BP are moving slowly to restore BP as an Oil Co

DYOR GLA

Irans enriched uranium @ 60% when Trump was last in charge Iran was allowed to enrich uranium to 3.67%

You can see why US are saying to stop enriching uranium & why Israel want to bomb the sites .

Last chance comes Sunday when Iran & US meet for talks imo