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Forum - Wall Street Pit (VelocityShares 3x Long Crude Oil - UWT)    Stock Due Diligence for All

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From: hokk124 (Rep: 39) reply to apmooreDate: 09/16/2019 10:18
Forum: Wall Street Pit - Msg #2799759 - List UWT msgs Thread #674098946 (Rec: 0)
Re: Iran fired cruise missiles in attack on Saudi oil facility: Senior US off...


Well the Houthis in Yemen already claimed responsibility for this vicious and unprovoked attack but it's doubtful that they possess the type of technology capable of carrying out a successful attack of this magnitude.

I think Iran is most clearly behind this just like the Saudi tanker and US drone attacks over the past few months. This attack may have been launched by the same Iranian-backed militias in Iraq who were/are fighting ISIS.

Imagine Iran having nuclear weapons? Scary thought. If attacked the mullahs would probably actually use them against Israel or Saudi Arabia. (Doubtful they could reach the US mainland so they would hit our regional allies instead)

Reply to apmoore - Msg #2799757 - 09/16/2019 10:06

Re: Iran fired cruise missiles in attack on Saudi oil facility: Senior US officia...

Oil facilities should always have radar, the best way to win any war is to cut off your enemy's access to oil and as long as there is aggression in the world, the possibility of such an attack as a first objective for any hostile nation has to be considered.

Iran is denying responsibility, however, they've threatened to cut off Saudi oil supply/transport logistics numerous times in the past. Such threats wouldn't help Iran's believeability here. For the West, Saudi, and Israel, Iran is the only obstacle to mid-east stability as they empower and fund almost all antagonism to Israel's existence. If anyone should desire middle east peace, they would have to also desire some sort of strategy regarding how to deal effectively with Iran. As far as I know, traditionally, since Khomeni came to power in the late 70's, the US has consistently been determined not to compromise with Iran, at least until Obama.

Lets say the Houthis did actually carry out the attack, it still links back to Iran, since Iran also supplies and aids the Houthi rebels in Yemen. Of course, US always has to calculate how Russia would respond in the case of launching any attack against Iran. The most important factor for the US in the middle east is their relationship with Saudi Arabia, however, the US has to be careful not to give off the impression of taking orders from the Saudis, but at the same time let the Saudis know that the US is in their corner as a major ally. No one can expect any mid-east peace as long as Iran continues its proxy endeavors to remove the state of Israel.
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