–Updates with Tuesday’s volatility, presidential swearing

June 23-24, 2025 — The prospect of easing tensions in the Middle East pushed Brent crude futures down $10 on Monday.

Iran’s retaliation to bombing from America damaged a vacated US military base in Qatar.

Declining oil prices leave space in energy markets for higher carbon permit prices, which will speed much-needed climate action. CORSIA carbon credits ended last week at record highs. I can’t immediately see a trade Monday and that market closed at the same level overnight.

https://truthsocial.com/@realDonaldTrump/114734462054466468

Ceasefire announced and Bloomberg of course said it was tentative (because Bloomberg wanted the markets to stay on edge to boost volatility and trading profits)

(WordPress/hackers prevented me from publishing this heading earlier this morning —see snips at bottom and the “empty alt attribute” language, below)

Maybe the ceasefire won’t hold….im not going to lie. Yet It was quickly confirmed by all sides.

Tuesday’s volatility, which will help traders, banks, hedge funds make ill-gotten gains out of the confusing, violent situation.

Trump helps his mates make money while the people, the ordinary taxpayers, pay in six ways:

–higher oil prices,

–higher inflation,

–fear of war — heightened anxiety, especially for children; to his credit, Mr Trump criticised both Israel and Iran for breaching the ceasefire; “they’ve been fighting so long, they don’t know what the fuck they are doing.” …but even this… is ….Trump blaming other people as he enriches his mates

–higher government costs for war — the taxpayers pay for the weapons, then to replenish weapons at even higher prices … and for all the politicians flying about burning more fossil fuels, flailing their arms while they stay in expensive hotels, at the expense of taxpayers (peacetalks are expensive)

–delayed climate action, as politicians are distracted by violence and fear

–higher temperatures, more storms, flooding, droughts

Earlier

Empty US base destroyed!? https://t.co/Cvgc2VwMc8

— Mathew Carr wants markets to save earth's charm (@carrzee) June 23, 2025

End of empire? Potentially colossal gains?

World’s mafia boss claims a victory….will it usher in world peace, lower crude, higher carbon? Maybe (1)

Other markets may now rise higher.

Hackers sought to censor this story earlier Tuesday. My network connection was absolutely fine.

The playbook is not new …look what happened in the global financial crisis: Lina Khan, former FTC commissioner speaking to the New York Times about the financial crisis of 2008.

It’s important to understand who ALWAYS pays for the crimes perpetrated by the wealthy on society. You know, I mean the kind of wealthy that can buy a pardon from the President of the United States.

Take a listen to Lina Khan, former FTC commissioner speaking to the New York… pic.twitter.com/rIQsdXlYe8

— 𝔗𝔯𝔲𝔱𝔥 𝔐𝔞𝔱𝔱𝔢𝔯𝔰 (@politicsusa46) June 24, 2025