EU

Financial_Loan1337

Next thing you know, EU make a deal with Iran =))

Orpa__

A ceasefire will of course require an international guarantor, a role only China or the EU could fill.

OP_Penguin

If you add up taxes, education and healthcare costs, Americans pay an effective tax that’s higher than most of the EU, and if you lose your job and get sick, medical debt that can follow you for life. Get laid off and your wife is pregnant, whoopsie fucked for life. Having healthcare paid single payer is worth the increased tax rate, especially once you factor in end of life healthcare cost. On average, retirees should expect to spend 175k on healthcare in the US. That’s average, and dying sooner helps keep that number down. So while Americans get to revel in their marginally lower tax rate, we get little in return for it. Imagine you’re at a restaurant. You have $100. The menu is two items. Item 1 is $35. You get a stale egg salad sand which from a vending machine, no drink, and the waiter takes half of that $35 and gives it to another table to get up and punch a different customer in the face. Before during and after the waiter tells you that that customer was coming to take your egg salad sandwich. Item 2 is $55, includes 3 courses, and the waiter uses half the money to give your kids new contact lenses.

Tusen_Takk

Yes, I live here now. I make a p deece six figgies with 4 kids, a wife, and a Labrador. We have 0 debt, are frugal other than organic food, and it’s to the point we can’t save much every month anymore. It cost me $642 to get 3 weeks of staple groceries and diapers at Costco the other day. I didn’t even buy anything fun. The cost of living is easily 2-4x Europe but my salary is maybe 1.75x EU wages for my career

Tusen_Takk

What percentage of your salary is your healthcare + taxes? I’ve lived in both EU and U.S. and can assure you US is way more expensive (which is why salaries are usually a little higher)

mentalweapons

You dont know how strong the labor laws are in EU. Except its also really hard to start your own company though.

Silver-Direction-938

I work plastic injection molding in North EU. Our chief said last friday that 10% of raw materials can't be bought and shit will hit the fan in 2 months time if the Hormuz stays closed. We produce basic components with basic materials for your A.I. datacenter needs. Soon it is possible we can't produce them, or have to produce horrible quality from 3rd rate plastic. For me it is OK. Summer vacation is coming. I am unionised so the possible furloughment is just extra holiday for me. I will miss the 4,5x overtime pay though, but apparently what Jensen giveth, Trump can taketh away.

Dorkasteri

Yeah, you are right about that. I’m just not sure if FED can step in anymore. Inflation is getting wilder and wilder. EU rates have gone vertical. Atleast two hikes this year by ECB. Euribor 12M has gone from 2.22 -> 2.92 with 3 weeks.

Accidental-Genius

I think, to some extent, the EU knows it has to raise the floor on defense spending. What the ceiling will be, who the fuck knows. I’m not selling EUAD but not really eager to buy a ton more at this level.

yaboyalaska

moves in US and EU stocks are correlated EU went down big, US, not so much He thinks US will follow but instead of saying that he decided to be a prick to prove he is smarter than the users of (checks notes) wall street bets the irony is that the vix will crush like it always does and that other guy who bought the ORCL leaps is going to make far more money than this guy ever will

KinglexNUM

So just cause 50 stocks of EURO exchanges are highly correlated, that means that 500 stocks of US exchanges will mean revert to become highly correlated again (since historically the spread between the 2 metrics correlate)? Bro what stocks does the SX5E have? 50 stocks vs 500 stocks, with fundamentally different sectors. US has AAPL, MSFT, NVDA, EU has Hennesy, LOREAL lol

RareGuarantee3532

I will , see you in 11 hours for asian closure and EU opening, I'll pick you up with my lambo

jrex035

It's hard to say. On the one hand, the conflict with Iran and ongoing war with Russia makes it more likely for European arms manufacturers to get big new orders. But on the other hand, Europe is going to get pummeled by this energy crisis worse than the US or China, which raises questions about how much thee EU will invest in defense spending.

Apprehensive_Rub3897

Yes, the same missile could reach most of Austria and almost to Munich. EU is not as crazy as Trump. The best case scenario from all of this is to return to where we were less than a month ago.

Apprehensive_Rub3897

Not only did we go the opposite direction, we started a conflict that cut them off at the path. When Trump is finally gone, EU will still never trust a word we say all for a few dollars more, to own the libs and distract for all the evidence (not allegations) of the president raping at least one 13 year old.

DanasSideWife

The entire EU is working to build competitive software for their governments to get off their platform. There is no future where they can replace that revenue stream

FartPolluter

EU: Okay Iran, youve made your point now please open the strait of Hormuz and let the United States and Israel bomb you without retaliation please. Eurogooners: Oh *snap*. orange man not gonna like this

YondaimeHokage7

That’s true for accessibility, but there’s a tax catch depending on where you live. For example here in Bulgaria capital gains realized on regulated EU markets are tax-exempt. ​However, the National Revenue Agency doesn't view fractional shares as being traded on a regulated market because they are usually a broker-side 'feature' not an actual exchange-listed security. So while whole shares of ASML on Euronext are tax-exempt, fractional shares are treated as over-the-counter transactions rather than trades on a regulated market. So basically if I buy and sell whole shares, I pay 0% tax. If I buy fractionals, the NRA sees that as an off-market transaction and hits me with 10%.

Roxorek

|**Type**|**Commodity**|**Country / Region**|**Severity**| |:-|:-|:-|:-| |EMERGENCY|electricity|Sri Lanka|MODERATE| |RATIONING|diesel|United Kingdom|MODERATE| |RATIONING|gasoline|United Kingdom|MODERATE| |PRICE SPIKE|gasoline|United States|MODERATE| |EMERGENCY|energy|Philippines|CRITICAL| |EMERGENCY|gasoline|United Kingdom|MODERATE| |SHORTAGE|fuel|Nigeria|MODERATE| |SHORTAGE|fuel|Philippines|CRITICAL| |SHORTAGE|gasoline|Bangladesh|SEVERE| |SHORTAGE|fuel|China|MODERATE| |RATIONING|fuel|EU country|MODERATE| |SHORTAGE|diesel|Australia|MODERATE| |SHORTAGE|LPG|India|MODERATE| |SHORTAGE|gasoline|United States|MODERATE| |PRICE SPIKE|high-octane\_fuel|Pakistan|SEVERE| |SHORTAGE|gasoline|Australia|MODERATE| |SHORTAGE|fuel|Sri Lanka|MODERATE| |RATIONING|gasoline|Slovenia|MODERATE| |PRICE SPIKE|diesel|Australia|MODERATE| |SHORTAGE|LPG|Cambodia|MODERATE| |RATIONING|petrol|Kenya|MODERATE| |SHORTAGE|gasoline|diesel|India (Gujarat)|MODERATE| |SHORTAGE|diesel|United States|SEVERE| |SHORTAGE|jet fuel|Africa|MODERATE| |SHORTAGE|diesel|Bangladesh|MODERATE| |PRICE SPIKE|diesel|Philippines|SEVERE| |PRICE SPIKE|gasoline|Philippines|SEVERE| |RATIONING|gasoline|Myanmar|MODERATE| |SHORTAGE|natural\_gas|India (Gujarat)|SEVERE| |RATIONING|gasoline|Kenya|MODERATE|

te7037

$TUN is 32p while $TUNGF is $1.80. The UK is closer to the EU so $TUN will be a backup for the US and the EU markets.

jsands7

Why would it be the U.S. risking the lives? There’s oil tankers from 32 countries that have nothing to do with this that are legally allowed to sail through there. Iran is threatening to commit war crimes and murder EU, UN, and NATO civilian oil workers, and everybody is just going along with it

imalusr

Turkey is geopolitically unique. - Closest NATO ally to Iran, so Iran won’t attack it (again) - has unusually close relations with Russia allowing Russian citizens to fly in/out every day - could very well weather an energy crises better than most NATO/EU countries because it could trade oil/gas with Iran and Russia without needing that trade to occur via an ocean route. It has active pipelines to BOTH.

Ok_GAINZ

The EU has 0 SEC championships. Why tf would I invest there?

PositionJournal

Good question. Vast majority of rev is within the NA steel group. International sales is about 11-12% of net sales and even there they’ll have tailwinds because of renewed EU focus on infra . The tarrifs help because it protects CMC from cheaper importers

sneekyleshy

He did this to get the option to say that EU won’t help for all time to come and at the same time fuck with the stockmarket… As of early 2024, Iran is a full member of the BRICS bloc, having officially joined on January 1, 2024, alongside Egypt, Ethiopia, and the United Arab Emirates. Here are the key details regarding Iran's involvement in global blocs and sanctions: BRICS Membership: Iran joined BRICS (originally Brazil, Russia, India, China, and South Africa) to help advance a "multipolar world order" and strengthen ties with developing nations, often seen as a move to counter Western influence.

kaapooj

EU, Australia agree to free trade deal --bloomberg

AZMotorsports

Americans will pay a high price, but it’s the rest of the world, especially the EU, is F’d. Over 20% of natural gas has been removed from global trade for at least the next 5 years (this is per Qatar). Even more has been removed by Iran not shipping and the gas isn’t moving through the straight. The EU has a very large amount of NGL power plants and they can’t mine it. Come winter they are in massive trouble even if the war ends today.

Amori_A_Splooge

Why is this war different? Why do you feel the closing of hormuz is some big unforseen doomsday scenario? Covid shocked supply chains for years. Evergreen got stuck in the Suez. Russia invades Ukraine (again) and holds the EU hostage over high energy prices (again). I'm honestly curious what you think the long-term consequences that the closing of the straight of hormuz will be, and what makes you think they are hard to see when we've got pretty good contemporary examples to look at. Let alone the closing of the straight of hormuz is the card Iran has threatened to pull everytime so the situation is hardly a surprise. I'd argue that the US and the world are fairly well insulated against how bad a prolonged closure could have be if it occured five years ago. Each country has taken a look at the lessons above and recognized how fucked they're supply chains can be in times without war. The US is nowhere near as vulnerable to oil going through hormuz as it has been in the past. Maybe you can argue the EU is more vulnerable since they just got off Russian gas, but it's an easy counter to point out that the import and export infrastructure that takes years to build (and rebuild) was aggressively built out in response to Russians invasion in 2014 and 2022. For example, in 2014 the US had to change its export laws in response to Russians invasion and then had to build out everything before it could reasond. Similar efforts were needed in EU (in 2014 and again in 2022) to be able to receive and transmit energy. Now, this issue is not so much of an existential crises that literally causes Germany to wave regulatory and environmental laws to build out lng gas infrastructure in months rather than years, the issue is how long is this going to be and do countries need to sign long-term contracts elsewhere. War in the middle east is not some unforseen issue.

ChollyWheels

What is really interesting, and terrifying in this situation, is "TACO" is not an option. The USA can't say "let's just agree we won" and go home. The game is Iran's now. The only thing clear is nothing is clear -- in the background, cooler heads (especially in the EU) are actually having conversations; meanwhile death looks gigantically down.

Dizzy_Maybe8225

I am aware of this deal, so you think this is a good deal for the EU or India? I guess EU!!

beefstake

They need a Chinese security guarantee. EU is incapable and unwilling to provide one. China -might- be, but it would be a hard sell despite the upsides for China (probably bases in Iran, force projection in the middle east, etc) because it would cost them a shit ton. However it makes the most sense because they would essentially be spending money to protect their own oil supply. This would prevent further US attacks as then an attack on Iran would be an attack on China and that isn't a war the US wants to fight for a long time still.

Amori_A_Splooge

Wow, thanks for the link. Such useful info. Is this like the first trade deal that's ever been negotiated without the US? It's hard to imagine that either of the EU or India would trade with anyone other than the US. The thought of them doing so has absolutely changed my perspective. Thabk you!

WinningWatchlist

r/wallstreetindia is a better place for your posts IMO, r/stocks is mainly for US/EU investors

rychy_rych

Why listen to our allies when we already have our GREATEST ally consulting us. Best part is they're even paying us to consult with us when our other allies just want stuff in return or are greedy swamp ppl that won't pay us like Adelson. What does EU/SK/Japan know about war anyway? Remember when HAMAS escaped their little camp and crossed the Canadian border to kill and kidnap 1000s of Americans back across the border. Who stepped up for us? Our greatest ally.

Dying-Intern

The EU and UN are impotent and aren’t capable of enforcing a mortgage contract

mido_sama

Iran also wants deal but with 3rd party (EU, UN) enforcing it since they don’t trust USA anymore plus some benefits.

KateCrash87

yeah but I'm in the EU and traded a european index (moving all the same)

orange-heroin

I would generally agree w you cuz I had the same view during tariffs, harder to TACO by himself out this war though because if he cant sell it as a “Iran begged me” typa story - the middle east and EU could lose confidence in the states to be their military daddy and the lack of confidence then leads to shaky USD + if he taco by himself, then to pass through hormuz the other countries are forced to trade in Yuan - losing reserve currency status might suddenly make our 36t debt real money and not fake monopoly money and then its joever

Emergency_Dish_1213

Bullish if he actually gets an oil deal with Iran for US and EU.

NotMe357

Ya, but both mean he TACO. There is nothing much TACO can do now other than do what Iran asks him to do. If he dares not to attack Iran's Energy Facilities then he wouldnt dare to take Kharg Island either. EU and NATO need this oil problem to resolve fast so I think they'll join TACO to stop this war by be the middle-man and help TACO make a deal with them.

psyfregle

Idk, there was some Crazy Posts before. But in the EU the market startet Green.

acart005

Whats funny is EU poot holdera had a chance to get out.

leeuwvanvlaanderen

EU markets well into correction territory we’re fucked 

DMT1703

Going to invest stocks of companies that is either a renewable energy company in EU or related to the infrastructure of electricity or someshit. Might throw more on bateries related companies. I kinda doubt this "conflicts" in middle east gonna go wells cause so far I have more reason to believe it will rising tension than just de-risking atm/.

aja_18

I agree. But it's not only US that is now suffering... pretty much EU and big Asian countries are now starting to feel the effect of Iran war.

Commander_Celty

Nah, firmly out on the EU. Portfolio is looking good. Avoiding losses in high probability uncertainty is a gift. Still, how’s your portfolio doing? If it were in the EU would it be doing better? 😬

Commander_Celty

Lol, no one wants to join the EU. How much of your portfolio is there? I bet it’s less than half.

Historical_Bother274

Dont worry bulls, EU markets will open soon and we will freak the fuck out and sell everything

LXVIIIKami

EU is doing pretty well. We'll let y'all in, but it's gonna cost ya

TheFutureIsAFriend

Actually, the Greenland fixation (if it turns into action) will probably undo NATO. Who knew their biggest member would attack another NATO country? Once NATO loses its solidarity, Russia can do what it wants without worrying about Article 5. In the end, the EU is going to have to find a way to stand together and fund their own defense without the US for the foreseeable future. They can buy arms from Canada.

Liminal_Aspect

Cause of your free health care, functioning democracy, and freedom of movement across EU nations

Crazy_Donkies

Bro.  You know we live in a global economy, right?  Inputs go up in China and Korea and EU = our inputs and prices go up = lower profits = stock prices go downsies.

PureInsaneAmbition

Russia can't 'roll over the EU and North Africa' - they can't even take the Donbas in Ukraine. Russia control less of Ukrainian land now then they did four years ago, and the military/economy is so depleted it has one foot over a grave and the other foot on a banana peel.

AlbertiApop2029

I'll check it out, I'm playing with EU (enCore Energy) right now. I'm super excited about this sector and the GeneralMatter IPO. I have alot to learn still.  Is that a Price Distribution model on the right-hand side of your chart? I need to figure out how to do that.

SpecialBeatForce

EU diplomats sliding into Iran’s DMs and Tehran backing off from attacking Saudi oil field might safe us tomorrow from crashing: https://www.timesofisrael.com/liveblog_entry/eus-top-diplomat-spoke-with-irans-foreign-minister-official-says/ EU-Iran Diplomatic Talks The European Union's top diplomat recently engaged in direct discussions with Iran's foreign minister to address escalating Middle Eastern tensions and nuclear concerns. This diplomatic outreach represents a concerted effort to prevent regional spillover and find a peaceful resolution to current conflicts. ____ https://www.jpost.com/middle-east/iran-news/article-890833 Iran-Saudi Arabia De-escalation Iran’s Supreme Leader has reportedly signaled that the country does not seek a war with Saudi Arabia, easing fears of a major disruption to global oil supplies. This shift in rhetoric suggests a move toward regional de-escalation and could provide much-needed stability to volatile international markets.

Jarlaxle_rigged_it

wtf literally 1 more week of daylight savings time difference between US and EU?? That's 3 whole weeks total this year.. why the fuck does EU wait so long

ReDesignMe

I was going to go back to Europe with whatever money I had leftover and start fresh. I have EU citizenship. 

ReDesignMe

I also have EU citizenship and can fly off to retire in cheaper countries. 

_Doomer_Wojack_

Slovenia just started rationing fuel. 50 liters per day for private vehicles. First EU country to do it. Once one does it the rest follow. This is the physical shortage hitting Main Street. Started with tankers not moving through Hormuz, then refineries shutting down, then wholesale prices spiking, now it’s at the gas station. But sure WTI at $98 is fine. Everything is fine.

Wrong-Somewhere2635

EU = US vassal = Israeli vassel

ToonamiNights

The Pentagon announced $200B for the Iran war. Iran is hellbent on not giving the US what they want and keeping control of the Strait of Hormuz. The EU has been pretty clear they aren't getting involved. I am betting the S&P will trend down for at least the next month or 2.

crvarporat

Trump is TACO. Just remember 1 month ago he announced EU tariffs for Greenland and said he will take it. Stocks fell he changed,his mind and,stocks went up

IronyElSupremo

> backup plan Single countries are just too tough to call especially with rising geopolitical risks (unless in a market cap situation like buying both a China ETF in proportion with an ex-China EM ETF to isolate profits). EM was hot at the beginning of the year but not now. Last year oil lovers were licking their chops about Gulf energy refiners for example, now look what happened as solar gets a boost (even in the U.S.). Single countries and most sectors are just too tough to call. There’s pros and cons to every investable market open to the public. The US, for its bad press recently, does have a 2-ocean barrier with plenty of cheap iron and wood, .. and plenty of ag/decent amt of other resources. The EU especially will need to buy US weapons until its own independent capabilities slowly come online (defense itself is a slow moving sector on the upswing and the EU will only slowly ween itself off US tech if ever).

99Fan

Xyz on hyper liquid is spy futures. It has nasdaq too. Several EU countries and Canada are actively working on opening up the strait as we speak.

LonelyTAA

Hardly relevant, though. The EU has been trying to steer clear of this conflict. Firing a missle into the EU would be a colossal mistake for Iran.

AllCapNoBrake

Bro, western EU is owned by israel. You all about to die for the tiny hats.

MosskeepForest

Not really a WW.... just the US unilaterally destabilizing the global economy on a whim. No one wants to be involved in what the US is doing. But if Russia or China had done something like this, then the world would have risen to stop them.... But the EU cucks wouldn't dare question daddy USA.... so they can sit there and watch while our insane emperor plays games with the world economy lol

exhibit304

Best thing he can do. Ultimatums won't work. Taking kharg island won't work. Opening up the strait militarily won't work ( or it'll take too long ) Just leave. Say you've set them back 10 years and fuck off back to tweeting about how EU has been ripping USA off for years

Purple_Squirrel_6883

EU = US vassals. They won't do anything besides a strongly worded statement here and there.

TunaGamer

Why no EU country got mad at this shiet show ? Possible WW3 but they seem chill with it.

Crocadilapig

Any everyone here in the EU thought Russia was the bad guys 😂

toucanflu

Iran, it’s a trap. Don’t listen to any one of them that isn’t the EU, Australia or Canada. This effs everyone so bad but give them hell until they crumble. This is complete fubar and we need a reset at this point.

tugrulthelol

"We ... express support to our partners in the region in the face ​of the unjustifiable attacks ​by the Islamic Republic of Iran ‌and ⁠its proxies," the ministers of Canada, France, Germany, Italy, Japan, the United Kingdom ​and ​the ⁠United States, as well as the top ​EU diplomat, said in ​a ⁠statement. "We condemn in the strongest terms the regime’s ⁠reckless ​attacks against civilians ​and civilian infrastructure, including energy infrastructure," ​they said. Ah yes my strongly worded letter technique I haven't used since the heian era, this will surely make Iran stop and pump the markets on Monday

SHFTD_RLTY

I work in commodity hedgeing for EU airlines. While EU airlines commonly hedge about 60-80% of their Jet exposure in the short term and a fair amount of exposure in the medium term, most American airlines stopped hedgeing their fuel exposure a decade ago. The reasons are on one hand their profit margins are a bit higher so they have more money in the treasury to offset the losses, however this really does look bleak for their stock price as extremely high short term and prolonged high fuel prices will definitely not be good for their liquidity. The second reason they stopped hedgeing is that american airlines (plural) have a monopoly on the US market. Everybody buys the same commodity (Jet-1) for basically the same price so when prices rise, they can simply offload it to their customers without having to worry about their competition because nobody hedges anymore. So the people who voted for this buffoon will be the most impacted by the rising prices while the EU is a lot better prepared.

HEK293INVAX

RedditAdvice : The street is just thinking OIL price yet the LNG price affects industries across the rest of the world too, and N.A. LNG is much cheaper than everywhere else, EU and ASIA is more than double the U.S. price, the "energy spread" acts as a structural subsidy giving U.S. based industry a clear cost advantage to others. Historically it has been as much as 5x higher. **Chemicals & Fertilizers, Heavy Manufacturing -i**nexpensive gas-fired electricity for domestic investment in steel, glass, and plastic-resin production for exports and culling the overseas competition both domestically and abroad. TheEnergyWar will continue till morale improves. I speculate Russia, Turkey, Iran and Houthis with Chinese tech support for this new Axis of Opportunity. This is volatility off the charts brewing. $EONR $TSLVF is all I own. Am sidelined from everything else now yet see major upside in XLF next week along with Energy sectors, XLU is not favoured as much as many companies are tied to AI and that could be indirectly and directly affected from Israel (INTC) and Taiwan (TSM). It's a stock pickers market now, no indices for me, thankyou. AI&I

upnflames

Well, the US market would have to take a real dump to perform as badly as the EU600. There's probably some short term gain to be made vs. the SP500 cause current US market conditions suck, but if the US actually crashed so would Europe. Too many large European companies make the bulk of their profit in the US, it crashed and the whole house of cards falls.

NarpRocks

Laundry and cleaning, then EU5

not_my_monkeys_

I agree with everything you just said. I also think it’s still the most likely scenario going forward, in fact I forecast that the 31st MEU will storm Kharg island after markets close next weekend. Trump is desperate for leverage. If he tucks tail and runs now, without opening the Strait to US and EU tankers, the entire western hemisphere will spiral into a horrible recession that will have his name on it. He thinks that taking Kharg will give him the cards he needs to negotiate the reopening. I don’t think it will *work*, I think the IRGC will respond to that by systematically destroying the oil infrastructure of the region and the recession happens anyway. But I think Trump intends to try it.

Left-Associate3911

I genuinely believe there is a new world order being established: USA wants the entire North America; Russia will be allowed to roll over EU and North Africa; China gets everything in the east, including India southern Africa. And the dream of greater Israel will be Middle East. All these nations and alliances that exist today - and folks think they will protect them, are worthless. Why? Because the fight is for natural resources. And the larger nations having realised this are moving to establish the new world order. Doesn’t matter if NATO countries increase spend to 3% - w/o the USA NATO can’t do shit against a truly belligerent Russia. New world order is coming, and it’s all about resources.

Playful_Stick488

With all the crap that comes out of his mouth about the EU would you help him either?

Potential_Salt_5780

We don’t. We have very few cards left now that everyone is making deals without us. EU is fast tracking defense and tech infrastructure. China is also moving towards less dependence from the US. Everyone wins except the US thanks to Trump.

AirwickS

EU said nah to protecting the Strait. Mango pressure campaign is failing so far. VXUS going to be choppy.

rym1469

Probably because half of those countries are not in the EU.

Douglas_Fresh

Why would you lead with UAE? And not say the EU?

RacingGreen94

The EU is not a country. Are you talking about the French Riviera or northern Lithuania?

patchyj

True, but nations are realised they dont want to be chained to a mad dog, and we're only 1 year and change into it. 3 more years [minimum], with a strong chance of global recession and toxic, mutil trillion dollar private equity on the verge of imploding....the EU is ramping up investment into homegrown tech alternatives to silicon valley, China is kicking ass, Africa rapidly developing with a young and hungry population...its not impossible the USD loses its reserve status in the next decade

aftherith

Where are you looking? You can buy some amazing houses in the EU sub 100k US.

rollinhating

Because EU number 1?

Moepenmoes

Why the fuck do houses cost in EU cost 3x as much as in the US?

parsimonyBase

In the UK we are currently paying around 9.60 USD a gallon. Prices across the EU are much the same. Fuel prices at the pumps are up around 15% since the war began. The rest of the world has always considered US fuel prices to be incredibly low.

Left-Slice9456

EU has increased imports of natural gas from Russia through out the entire Ukraine war. They say they cut back on oil quite a bit but who knows how it gets moved around, and who knows if the sanctions are just helping China get cheaper oil and gas? It's cold in Europe and that would be like the US suddenly not buying gas for cars. EU also need fuel so there will be a lot of effort to keep supply going, and will likely just shuffle around supply chains.

Official05

It might be US officials bluffing to involve the EU

CoughRock

i mean their demand is literally stop bombing us and offer security guarantee. EU would need to stop their "allies" usa and israel from bombing. Kind of hard to do with two mad man going at it unrestrained. Kind of hard to negotiate for opening while the bombing still on going. It's asking them to give up their only leverage while the enemy is at the door knocking. It's a war of survival for them.

Vanillas_Guy

The EU is basically the last bastion of customer and property rights. GDPR is probably the greatest piece of legislation in years. By tying the fine to a percentage of income, companies actually have to take legal obligations seriously. Laws stop becoming suggestions and actually start becoming a financial threat which forces CEOs and boards to take them seriously.

NotMe357

There is also repot that EU or NATO leaders is in talk to find a way to open Strait of Hormuz, so if they can find a way to work with Iran this week then oil will dump and the stock market will pump. Anything can happen in this market lol

NotMe357

If TACO send boots to Iran then sell because its gonna be a bloodbath. IMO, in this market its best do day-trade and sell anything that pump until there is somehow a confirmation about peace on Iran war. There is report: "The Pentagon is deploying thousands of additional Marines and three warships to the Middle East, per Reuters" I think TACO is going all in on Iran now. The only one who can save hin is EU and China and none of them want to join this war.

rieux1990

Because Iran also faces pressure from neutral countries like China, India, the EU, etc to tell them to keep the strait open. Nobodies wants the strait closed and nobody can handle it being closed for a long time, not even the Iranians. Well, maybe except the Russians.

CaskJeeves

🥭 seriously just Leroy Jenkins'ed Iran out of nowhere and is now gonna pull out like a college kid without a rubber, and then blame the fallout on the EU lol It would be hilarious if it wasn't gonna result in $200/barrel

BlueSonjo

Any of the many non-US ETFs, in whatever brokerage you use.  EU, Emerging Markets, Asia, Canada. Whatever brokerage you use will have an ETF tab where you can look these up.

Ashamed_Ad_8365

Well if EU has any ambition, they will make a deal with Iran and the Gulf States to buy their product in EUR and to hell with the dollar.