flywithfitz81
Nov 6, 11:34 AM
Renewed U.S.-Iran tension could push oil past
$100: Rapidan Energy... and there's still that growing diesel shortage.
You know, the economy runs on diesel, no?
The 2026 Energy Shock: Diesel prices found a bottom in mid-2025 but surged dramatically in 2026. This was primarily driven by severe supply chain disruptions, low global refined inventories, and geopolitical escalations in the Middle East.
Small Business Strain: Small business foreclosures and bankruptcies (tracked via Subchapter V filings) spiked by over 67% heading into 2026. The simultaneous combination of high diesel fuel costs (which spikes freight and operational overhead) and the trailing impact of previous high interest rates forced massive margin compression.
Housing Market Stagnation: Existing home sales have remained highly sensitive to the borrowing environment. Mortgage rates climbed past 7.4%, driving home sales back down toward multi-year lows by Q3 2026.
$SPY $DIA $VTI $DJT $VTIP
https://www.cnbc.com/2026/11/06/us-iran-war-trump-hormuz-oil-midterms.html
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