Quote:
Originally Posted by OMG!WTF!
Looks pretty positive for the market in general. Oil is up, XLE is up a lot. In particular, it seems like tanker stocks, oil storage and transportation stocks really like the deal. I suspect wti has been priced accordingly for a while.
Sanctions in Cuba lasted 50 years. I think Iran should have a bit more time in the penalty box but we'll see.
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But the sanctions on Cuba were laughably misguided and formed by a long expired group of Cold Warriors. They lasted a good 20 years too long.