Yeh no. There’s no way oil is going to $200 a barrel. Iran is already sanctioned, its oil supply to the global market isn’t that big anymore and easily made up by the other oil producing countries, it’s why the price of oil has only spiked 7% rather than 20% or 30%.
Irans military isn’t worth the paper it’s written on, their ability to respond is very limited. They’ll fire a few crap ballistic missiles to save face and then try to de-escalate like they did last time as they know Israel will destroy them 9 times over
Oil will be around $80 or $90 for the next few months. BRK management now have 0 excuses for a share buyback. They won’t though, as we know they have signalled very firmly that they won’t be giving any kind of return to shareholders and will just be paying themselves
”don’t like it sell up” < bad attitude from management
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)