STO 0.27% $7.52 santos limited

Israel has "vowed revenge" (but provided no timelines, nor...

  1. 1,482 Posts.
    lightbulb Created with Sketch. 358
    Israel has "vowed revenge" (but provided no timelines, nor specifics) against Iran for its attack 3 days ago on Israel, with Iran sending hundreds of one-way bomber drones, & missiles (inc. a few cruise missiles) against Israel (a big majority were shot down, or disabled, by Israel).
    Israel has been assassinating Iranian generals in Lebabnon etc., who are supporting & arming etc. Hezbollah militia currently sending "crude" rockets etc. into Israel

    Newspaper headlines: Israel 'vows revenge' as it 'weighs up response' (bbc.com)

    These continuing military actions are likely, according to many experts, to create much geopolitical & military uncertainty; &, eventually, will probably cause the price of oil & gas to rise (Brent crude has already risen c.14%, since Ukraine recently started long range drone strikes [up to 1200kms+- inside Russian territory] against Russian oil refineries etc. Ukraine has stated that, by the end of this year, it will have designed & manufactured many thousands of these cheap, very long range drones.

    This 24.3.24 article,by Reuters is the best I have read re the increasing sophistication of very cheap drone bomber technology.

    How drone combat in Ukraine is changing warfare (reuters.com)
    (Warning: Long Article)

    Israel has more sophisticated drones, & counter drone technology/capabilities, than Iran (& Ukraine). It is likely, IMO, that Israel will launch a bomber drone barrage against Iran's oil export & refining facilities- giving a further boost to the price of oil & gas,.
    Last edited by Montalbano: 15/04/24
 
watchlist Created with Sketch. Add STO (ASX) to my watchlist
(20min delay)
Last
$7.52
Change
0.020(0.27%)
Mkt cap ! $24.52B
Open High Low Value Volume
$7.50 $7.59 $7.47 $41.05M 5.456M

Buyers (Bids)

No. Vol. Price($)
2 13523 $7.51
 

Sellers (Offers)

Price($) Vol. No.
$7.52 52283 4
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
$7.51
  Change
0.020 ( 0.04 %)
Open High Low Volume
$7.50 $7.58 $7.47 1958810
Last updated 15.59pm 06/06/2024 ?
STO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.