By Grand Rapids Anonymous
sunday, june 22, 2025 at 6:27:00 p.m. edt
“Nothing burger?” U.S. bombs, threat of iran closing the strait of hormuz is a big yawn so far, as financial futures open
(GRA) For years, we heard that if the United States bombed iran’s nuclear facilities, iran would close the strait of hormuz, in retaliation, which would send oil prices up to over $150 a barrel.
It’s been about 15 minutes, and so far financial markets are not panicking about any of it. S&P futures down 25 points, oil is up about $1.50 west texas intermediate at $76.50 a barrel, and bitcoin—down $4,000 in the afternoon, has cut its losses by $3,000, back above $100,000.
What happened? Nothing? So far—yes.
--GRA
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3 comments:
I'M surprised oil isn't up $15 a barrel and s&p futes aren't down 7-8%. But I also think government controls the stock,bond and other markets since 2008.
--GRA
NOTHING BURGER II:OIL COLLAPSES AFTER "LARGELY SYMBOLIC RESPONSE FROM IRAN";CRUDE WTI FALLS UNDER $70 A BARREL.
GRA:I said it last year. A lot of huffing and puffing--not much "war". Iran says they,"sent the same number of missiles that the U.S. used Saturday."
Even Steven.
West Texas crude falls over $4 a barrel to under $70. Stocks rise nearly 1%.
Tom Llamas,the new nbc noise anchor sounds like a fearmonger,clucking,"Just because there are no missiles falling now,doesn't mean it's over."
Nothing burger II--the sequel.
--GRA
TRUMP ANNOUNCES 666TH CEASEFIRE IN aRAB-ISRAELI HISTORY(ESTIMATED)
(axios)President Trump announced a ceasefire agreement between Israel and Iran that will begin at midnight.
Why it matters: The ceasefire will end a 12-day war between Israel and Iran that led to the destruction of significant parts of Iran's nuclear program by Israel and the United States.
Trump wrote on his Truth Social account that the ceasefire begins at 12 a.m. ET. Until then, Israel and Iran will complete their final military missions that are in progress, he said.
Trump said Iran will begin the ceasefire for 12 hours, and then Israel will begin. After 24 hours, an official end to the war will be announced.
Trump said that during each 12-hour ceasefire, the other side "will remain PEACEFUL and RESPECTFUL."
What they're saying: "CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE," Trump wrote.
"On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, 'THE 12 DAY WAR,'" he added.
Trump said the war could have gone on for years, "and destroyed the entire Middle East, but it didn't, and never will!"
Behind the scenes: The ceasefire was agreed upon through Qatari and American mediation between Israel and Iran, according to sources familiar with the matter.
GRA:I could easily think the Saturday bombing of Iran was part of this ceasefire process--agreed to by Iran.Am I crazy?
--GRA
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