WHC 2.21% $7.53 whitehaven coal limited

Target $18.72, page-7967

  1. 1,487 Posts.
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    Sadly, following the deaths of 3 USA army personnel in Jordan, & c. 40 other US personnel injured, in a drone (provided by Iran) attack by an Iran-supported anti-western Islamic group, it is expected that the USA will launch a harsh military response against this group- & possibly, indirectly against Iran.

    The USA is not seeking direct war against Iran (if that occured, energy prices would explode).


    IMO, such an increase in anti-western Islamic attacks/USA etc counter attacks in the "sensitive" Middle East, will cause oil & gas- & eventually thermal coal- prices to rise.

    SMH F. Tomazin 31.1.24 said

    "US President Joe Biden says he has made a decision on how to strike back against the drone strike that killed three American troops in Jordan, and has held Iran responsible for supplying weapons to the militia group thatcaused the deaths.

    Two days after the deadly attack, the US is preparing to retaliate with a response that is likely to be multi-tiered and sustained over time, but risks escalating tensions even further in the Middle East...

    While the US is unlikely to hit Iran directly, options include striking its paramilitary Quds Force personnel in Syria, Iraq and Yemen; mounting a major attack on the Iranian-backed militia group that was deemed to be responsible; and hitting Iranian ships.

    US officials have also suggested that the response would come in phases, rather than all at once.

    “It’s fair for you to expect that we will respond in an appropriate fashion, and it is very possible that what you’ll see is a tiered approach here, not just a single action, but essentially multiple actions,” John Kirby, the White House national security spokesperson, [said]".

    Guarded Biden confirms revenge on Iran amid tensions in the Middle East (msn.com)
    Last edited by Montalbano: 31/01/24
 
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