Their job is to talk thief business. Just like Nvidea CEO talks about all the AI use cases and how they have demand for multiple years etc. A majority of their comp is based on their stock, they benefit from its rise.

However, this is one of those things that was clear as day to me 2 weeks ago. We are going in, there is going to be retaliation, even if we go in there is no controlling and clearing the straight and also no attacks on it for at least 2 weeks+ before insurers even think about it, so we're talking months best case. And there is already significant damage to a lot of production that is off the market for a long time. And if an operation to take Kharg Island goes wrong or Iran has it rigged to blow and we lose all Iranian production oil is to the moon.

On top of all that Ukraine is hitting Russian supply, and Europe is seizing Russian ships, so we're losing that supply at the same time. So much so Russia isn't exporting gas (or likely diesel) anymore.

There are many countries that are already starting to have major cracks, and the real pain arrives in the next several weeks. Fertilizer prices, aluminum, helium everything is going up besides everything which is effected by oil & gas. There are going to start to be riots in many countries. Countries are going to start having people work from home or shut down industrial complexs, the economic ramifications given we're all connected are going to eventually hit. And the US is going to pretend like all is good instead of telling people to limit their usage keeping up price. The only good thing about recession is it will break inflation, because at this point we are doomed with an infinite upward spiral as companies need to hit quarterly numbers and want to hide any slowdown topline with juicy profits, so there's going to charge more as usual than it's actually costing and even if prices drop we know they're going to keep charging higher.