2026 Fuel Prices & Security of Supply

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#3504429 19-Jun-2026 12:03

None of those proxies have nuclear weapons. Israel next door has 90, US its ally has over 5,000 nukes, what are they all really worried about then. Could it be control of oil? Venezuela a good example.

If I was Iran, I’d be the one worried about Israel or the US bombing me with a nuclear weapon which is something that has already been threatened many times.

johno1234

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#3504434 19-Jun-2026 12:15

it’s simply not sensible for USA or Israel to nuke Iran and neither has an official policy that Iran should be destroyed.
Trump has little international support but one thing he does is over Iran not having nukes. Iran is a totalitarian theocratic state with a self stated opinion that Israel should be wiped out. It simply cannot be trusted with nukes.

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#3504438 19-Jun-2026 12:23

Has this thread morphed into a discussion of Middle East and US geopolitics? Seems to have wandered off topic for the past few pages.

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#3504440 19-Jun-2026 12:25

johno1234:

it’s simply not sensible for USA or Israel to nuke Iran and neither has an official policy that Iran should be destroyed.
Trump has little international support but one thing he does is over Iran not having nukes. Iran is a totalitarian theocratic state with a self stated opinion that Israel should be wiped out. It simply cannot be trusted with nukes.

NOBODY can be trusted with nukes! Just because they haven't been used yet is no kind of guarantee at all. Putin has mused about it as the Ukrainians keep making him look like a fool. If a disintegrating military and sanctions and international opinion push him far enough into a corner he might well decide what the hell and just go for it. A frustrated tyrant is a dangerous tyrant!

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#3504441 19-Jun-2026 12:26

HarmLessSolutions:

Has this thread morphed into a discussion of Middle East and US geopolitics? Seems to have wandered off topic for the past few pages.

Sorry.

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Eva888

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#3504454 19-Jun-2026 13:09

HarmLessSolutions:

Has this thread morphed into a discussion of Middle East and US geopolitics? Seems to have wandered off topic for the past few pages.

Agree totally. Although oil and politics are very closely aligned, arguing won’t change anyone’s established world view which is one of the reasons keeping friends is more important. Thus the old adage of no politics or religious discussions in social scenes. Sadly our opinions won’t ever change the world and thus are irrelevant to the grand scheme hoisted upon us be the powerful.

Responding nearly burnt down the kitchen. I was still on topic though because I was heating OIL. Alarms screaming and smoke you could snip through with hedge shears.

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#3504487 19-Jun-2026 14:14

Eva888:

Responding nearly burnt down the kitchen. I was still on topic though because I was heating OIL. Alarms screaming and smoke you could snip through with hedge shears.

Wow. Dangerous stuff, oil. Hope all is okay,

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#3504656 19-Jun-2026 15:43

johno1234:

…its proxies such as Hamas, Hezbollah and Houthis who are simply an extension of Iran.

This has been the Israeli talking point for so long that many simply accept it as true. It ignores that they are three very different organisations with different goals.

They are all close Iranian allies and will often act as directed by Iran but they won’t act against their own interests.

It’s unsurprising that Israel positions them that way. Hamas and Hezzbollah came into being because of Israeli occupation and invasion. They are terrorist organisations but the simplistic positioning ignores Israel absolute complicity in their existence.

Handle9

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#3504658 19-Jun-2026 15:52

Rikkitic:

Eva888:

Responding nearly burnt down the kitchen. I was still on topic though because I was heating OIL. Alarms screaming and smoke you could snip through with hedge shears.

Wow. Dangerous stuff, oil. Hope all is okay,

I hear oil attracts avaricious idiots with orange skin. Be careful.

johno1234

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#3504662 19-Jun-2026 16:08

Handle9:

johno1234:

…its proxies such as Hamas, Hezbollah and Houthis who are simply an extension of Iran.

This has been the Israeli talking point for so long that many simply accept it as true. It ignores that they are three very different organisations with different goals.

They are all close Iranian allies and will often act as directed by Iran but they won’t act against their own interests.

It’s unsurprising that Israel positions them that way. Hamas and Hezzbollah came into being because of Israeli occupation and invasion. They are terrorist organisations but the simplistic positioning ignores Israel absolute complicity in their existence.

Oh come on. They are dependent on Iran for money, intelligence and weapons. There's no way Hamas runs a major operation such as Oct 7 without Quds Force support and approval.

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#3504664 19-Jun-2026 16:42

johno1234:

Handle9:

johno1234:

…its proxies such as Hamas, Hezbollah and Houthis who are simply an extension of Iran.

This has been the Israeli talking point for so long that many simply accept it as true. It ignores that they are three very different organisations with different goals.

They are all close Iranian allies and will often act as directed by Iran but they won’t act against their own interests.

It’s unsurprising that Israel positions them that way. Hamas and Hezzbollah came into being because of Israeli occupation and invasion. They are terrorist organisations but the simplistic positioning ignores Israel absolute complicity in their existence.

Oh come on. They are dependent on Iran for money, intelligence and weapons. There's no way Hamas runs a major operation such as Oct 7 without Quds Force support and approval.

It might surprise you to know Israel was instrumental in the establishment of Hamas and supported then in Gaza for many years to weaken the PLO as part of their divide and rule policy.

Hamas is a Sunni organisation and gets monetary support from many countries. One of the major excuses given for the Qatar blockade was their support of Hamas and Hezbollah. Israel turned a blind eye to this for years as it suited them.

It’s a complex and highly dynamic region which you want to distill down to fortune cookie wisdom. It’s the same problem the USA has had, looking at the region from a very simplistic lense.

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#3504771 20-Jun-2026 08:14

johno1234:

People are still discussing the $300 billion figure as if it is a grant (like the Marshall Plan) from the USA. This is not the case. It is a private investment package funded from the USA and Gulf states and it is subject to continuing adherence to the agreement.

"The new fund is a private investment vehicle, not a reconstruction or reparations programme and will not include any government ⁠money or grants, the source said, adding that companies based in the U.S., the Gulf Arab states, Asia, South America and Africa have agreed to commit financing."

https://www.reuters.com/business/finance/iran-deal-includes-300-billion-fund-more-than-half-which-already-committed-2026-06-16/

i mean i he says stuff and stuff happens, or they don't.

he said Mexico was going to pay for the wall and US taxpayers not one cent, and after a decade, Mexico paid not one cent and US tax payers paid for the wall!

granted, the Gulf states are not Mexico so i think despite what Trump tweets and Vance says, we just need to let this play out

about the subject to adherence - this agreement is capitulation (aka unconditional surrender) on America's part - Iran holds all the power here, not Trump.

ezbee

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#3511459 15-Jul-2026 13:53

Almost a month later, and now its round two another 60 day SMO, not really a war declared.

https://www.nzherald.co.nz/world/us-iran-conflict-trump-notifies-congress-of-resumption-of-war-giving-pentagon-60-day-window/KRPOU63Q4VEJJBR5B2WFKWXTNE/

Was going to fill up a few days back and now. :-)
https://www.newstalkzb.co.nz/news/business/kiwis-wake-to-spike-in-petrol-prices-amid-fresh-united-states-attacks-on-iran/

VFF added to shipping and delivery services, I suppose tradies and various services may account too in call outs.

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#3511534 15-Jul-2026 14:47

i see. war 60 days, pause 1 week, then war 60 days, rinse repeat?

what's the fuel prices doing nowadays? since i don't think they even dropped during the pause, so i hope they don't go up?

johno1234

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#3511535 15-Jul-2026 14:51

Batman:

i see. war 60 days, pause 1 week, then war 60 days, rinse repeat?

what's the fuel prices doing nowadays? since i don't think they even dropped during the pause, so i hope they don't go up?

Diesel price dropped from about $3.40 to $2.20 near me? Not really increased in the last few days.

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