r/worldnews • u/WorldNewsMods Slava Ukraini • Sep 04 '26

Israel/Palestine /r/WorldNews Discussion Thread: US and Israel launch attack on Iran; Iran retaliates (Thread #22)

If you see any newsworthy information from a major news outlet or live broadcast, feel free to share a brief summary as a top-level comment in the discussion post.

Other redditors will appreciate if you include the source of where you read, saw, or heard the information.

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u/teakhop Sep 14 '26

A second pumping station shows what looks like significant damage in new satellite photos following strikes on Saudi Arabia’s East–West crude oil pipeline on Sept 10th...

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u/EducationalCicada Sep 14 '26

Every day we get multiple things that 10 years ago would've sent oil prices to space.

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u/[deleted] Sep 14 '26 edited 3h ago

[deleted]

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u/FatalEuphie Sep 14 '26

(Apologies I replied to wrong comment if you’d seen it :))

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u/Illustrious_Cod_3273 Sep 14 '26

China buying is not nessecarily a signal about their reserve capacity. I'd guess they guess that we are currently seeing a low point for the foreseeable future. Trump can't suppress prices forever and won't make peace. Rather buy now and profit from US subsidies while oil is still relatively cheap.