When I think Cui Bono with regards to the Iranian War, the first group I think of are: US Frackers/LNG producers

[AZJonnie]

You know, outfits who contributed majorly to IQ47 and teh GQP being in charge of the country?

Considering the fact that Gulf-produced oil suddenly has a major hard time getting out of the Gulf, but US frackers and LNG producers have NO such problems, yet they're set to be the beneficiaries of massive global oil price spikes?

I know it's tempting to think that the spiking oil prices are an unintended consequences of the regimes stupidity, but honestly, I'm far from certain that is the reality, personally.

[ProfessorGAC]

1. The Exploration Outfits, Maybe

Not seeing those that distribute. High raw material cost could cut into margins & actually reduce absolute profits in the very short term.
I think it simpler to attribute such things to incompetence (abundantly in evidence), than to find a conspiracy as the cause.

[AZJonnie]

3. So you're asserting that this:

"High raw material cost could cut into margins & actually reduce absolute profits in the very short term."

Would outweigh the value to the US producers of the oil they extract going from, say, $60, to $150/bbl?

Please do elaborate because I have a hard time seeing how this would be the case, but I concede my knowledge of the industry is far from complete, and I know what a smart cookie YOU are Professor

[ProfessorGAC]

7. You Missed What I Said

I said the exploration companies would benefit.
Those who buy, transport, refine, and market petroleum products get the margin squeeze, as they are already sitting on inventory on futures contracts at lower prices.
So, the oil they need Monday is more expensive, but the inventory of refined goods on hand (typically 5 or 6 days of sake) will sell at a lower cost.
The price of the new crude creates short-term negative cash flow.
As crude spikes with uncertainty but falls to equilibrium slowly, the delta never compensates.
Yes, once the refined press goes up and manufacturing overhead remains constant they make more at equal volume. But, at the dollar volumes at which they operate, a few days of negative cash flow I'd a big deal.
As to foreign producers, since the US & Canada upped production over the last 5 years or so, Saudi Arabia doesn't have the kind of market clout they once had.
So, I can't accept some grand conspiracy when they is ample evidence the administration is incompetent & incapable of strategic thinking.

[Hugin]

2. They said the quiet part out loud...

Removing the sanctions from Russian oil sets up a huge conflict of interests in ever ending the threat to the gulf.

[AZJonnie]

4. Right. Suddenly there's a giant windfall to US AND Russian producers (sans sanctions) resulting from oil price spikes

But ESPECIALLY US ones, who I'd imagine have little need to access the Strait of Hormuz. Not sure how much Russia depends on it to get their oil exports out, but I'd intuit they aren't experiencing a stranglehold to the degree the ME producers are

[2naSalit]

5. Pootin...

He needed oil prices to go up so he would not be losing $$ with his shadow fleet of oil tankers. And the petroleum industry will benefit too.

We need to begin shifting our use of oil based products, including plastics, from our daily life activities. They are killing us and we need to remove them from our lives.

[Easterncedar]

6. The cost to refine that Venezuelan crude

Is getting relatively less prohibitive by the day. Well played, Chevron.