It’s a new week, a good time to start a new crude oil thread. Please continue discussions here. Thank you.
The prior thread is here:
Iran has agreed to surrender its stockpile of highly enriched uranium as part of a “largely negotiated” deal to end the war, according to US sources.
The deal includes an “apparent commitment” to giving up the uranium, but a concrete plan of how this would be done is expected to be established in further rounds of talks, two US officials told The New York Times.
The emerging agreement would also reopen the Strait of Hormuz without tolls during a 60-day ceasefire and allow Iran to resume unrestricted oil sales, according to a report by Axios citing a US official.
Iran would agree to clear the mines it has deployed in the waterway. Meanwhile, Washington would lift its blockade on Iranian ports and hand out sanctions waivers on Iranian oil.
Iran 'will surrender uranium stockpile' in US deal
Will it happen???????
EDIT: Does crude open tonight?
Thanks, cutworm.
Cutworm/all:
Yes, crude trades this evening normally but closes early tomorrow at 1:30PM CDT.
Will it open down sharply? Any guesses?
Thanks for the new link, Larry!
cutworm,
Yes, crude oil does open at the regular time this evening!
With regards to Iran surrendering it's enriched uranium.
They had already agreed to that back in February.
With regards to Iran and their enriched uranium. It's been buried deeply underground and sealed in cement since last June when we hit it with the bunker busting bombs. Tulsey Gabbard testified to this under oath in March. She would know better than any person on the planet and I consider her one of the very few HONEST people in politics(which is extremely the real reason that she resigned).
If you're an R, it's political suicide to tell a truth that contradicts Donald Trump. It would be complete insanity and contradict who she is to make up lies to contradict Donald Trump while she was in this position.
Iran nuclear weapons false narrative(s)
Started by metmike - April 25, 2026, 9:07 a.m.
https://www.marketforum.com/forum/topic/119788/
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See all the facts/evidence below that support this TRUTH:
Tulsi Gabbard resigns
Started by metmike - May 22, 2026, 3:13 p.m.
https://www.marketforum.com/forum/topic/120389/
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Regardless of the AUTHENTIC TRUTH, the market is trading the LIE(repeated so many times that it's now the alternative, FAKE TRUTH).
Will Iran actually turn over the enriched uranium?
Again, it's buried in a place that would take months and months to get to and what they are saying on May 24, 2026 means very little with regards to actions in X months down the road. Neither Iran, Netanyahu or Trump have ever stuck to any agreements in the past. In fact, Trump sometimes completely changes his position in the same day.
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The other thing is that Iran had already agreed to draw down their enriched uranium in February, BEFORE Donald Trump attacked for Netanyahu.
By metmike - May 22, 2026, 10:18 a.m.
1. Does this make them MORE likely to agree again(and follow thru)?
2. Or does it make them LESS likely to follow thru because Donald Trump totally betrayed them in June 2025, then again in February 2026?
I pick door #2. Iran has 0 trust in anything coming from Donald Trump and less reasons to do anything longer term but all the reasons to say and do things short term that will get them what they want in May 2026.
The markets will trade what Donald Trump and Iran say and do in May 2026. They both want the Strait open, extremely badly and there was no way the worst energy crisis in history could go on much longer when BOTH parties, suffering the most can just SAY THE RIGHT THINGS to get it open again.
There is tremendous uncertainty but BOTH parties need the Strait open so badly that it makes it likely for that outcome to happen. Donald Trump pretending that he holds all the cards was the opposite of the truth and the one thing that we CAN know with certainty is that Donald Trump will manufacture a complete hogwash narrative here that paints a picture of him having a massive, one sided victory that accomplished his objective and is worth the short term pain (that was, in reality over 1 million times more massive pain than benefits to hurt Iran) the world has suffered.