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gab13by13

(32,891 posts)
Tue Jun 2, 2026, 07:37 AM 23 hrs ago

Let's Call It Like It Is - Krasnov Ordered The Oil Markets To Drop Prices

Crude oil is dropping today because Krasnov claimed that the Iran negotiations are proceeding rapidly, when in fact, Iran claimed it is done negotiating with the US.

Then Krasnov "supposedly" ordered Bibi to stop bombing Lebanon and claimed that a cease fire there is on the horizon.

Krasnov fears $7/gal gasoline on the 4th of July.

10 replies = new reply since forum marked as read
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Let's Call It Like It Is - Krasnov Ordered The Oil Markets To Drop Prices (Original Post) gab13by13 23 hrs ago OP
trump loves free markets rampartd 23 hrs ago #1
I had no idea the market could be manipulated so easily.... kentuck 23 hrs ago #2
My guess nitpicked 23 hrs ago #3
Iran already stated that, gab13by13 23 hrs ago #5
The oil companies are just taking a break from their profiteering dalton99a 23 hrs ago #4
Let me try this a different way GreatGazoo 20 hrs ago #6
Spoiling the obnoxiousdrunk 20 hrs ago #7
Understanding oil is key to understanding the USA, militarism and the USD GreatGazoo 19 hrs ago #8
This. obnoxiousdrunk 19 hrs ago #9
Apparently the oil markets didn't obey Trump's order onenote 16 hrs ago #10

kentuck

(115,735 posts)
2. I had no idea the market could be manipulated so easily....
Tue Jun 2, 2026, 07:49 AM
23 hrs ago

...until Trump and his friends showed us how it is done.

nitpicked

(2,004 posts)
3. My guess
Tue Jun 2, 2026, 08:04 AM
23 hrs ago

Is that Iran will insist on a total end to Israeli action in Lebanon, leading to another "pause" in talks.

gab13by13

(32,891 posts)
5. Iran already stated that,
Tue Jun 2, 2026, 08:26 AM
23 hrs ago

no negotiations unless Israel stops attacking Lebanon and then it is leaked that Krasnov read the riot act to Bibi, which, of course, is total BS.

GreatGazoo

(4,755 posts)
6. Let me try this a different way
Tue Jun 2, 2026, 10:36 AM
20 hrs ago

Yes. Trump is trying to manipulate oil prices and profit from front running some of his tweets and lies.
But no one can "order markets to drop prices" and the Exxon guys are trying to push prices back up so Trump can't even tell them what to do.

Oil is a super complex market that has to factor in grades, transportation costs, refinement costs, sanctions, wars, abductions of Maduros, drone attacks, pipelines and supply curves. Most likely oil is dropping because flow is proving to be less interrupted than was believed or expected and Iran is now shipping oil to China via rail.

The way that Trump, his children and his circle profit is by front running. Whenever any of them know what Trump is about to tweet they place trades that leverage that info. That is easy. Basically "insider trading".

GreatGazoo

(4,755 posts)
8. Understanding oil is key to understanding the USA, militarism and the USD
Tue Jun 2, 2026, 11:38 AM
19 hrs ago

As the quote goes "The USA is an oil company with a military." That means the oil companies tell the POTUS what to do; not the other way around.

We can't do much about that but we can keep the focus on blatant unchecked corruption:

https://www.quiverquant.com/Donald-Trump-Stock-Trades/

onenote

(46,262 posts)
10. Apparently the oil markets didn't obey Trump's order
Tue Jun 2, 2026, 02:50 PM
16 hrs ago

The price of a barrel of oil has been increasing most of today.

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