CleanTechnica•about 8 hours ago
Wall Street & The Corporate Media Are Buying Rumors of Iran Negotiations, But You Can’t Power Your Car With Big Lies
Key Takeaway
Energy market volatility driven by unsubstantiated geopolitical rumors poses a significant risk to long-term planning and investment for developers and large power consumers.
AI Summary
- •Geopolitical rumors about US-Iran negotiations, involving Jared Kushner and Steve Witkoff, led to a temporary stock market rally and a drop in oil prices.
- •The author dismisses these market movements as based on 'big lies,' indicating the price signals are unreliable and speculative.
- •For developers and large power consumers, this highlights the extreme volatility and potential for misdirection in energy markets driven by unsubstantiated geopolitical events, impacting fuel cost projections and investment decisions.
Topics
financingpolicy
Article Content
I saw the news yesterday and honestly had to laugh. The stock market was up and oil prices were dropping because there’s a rumor that the US and Iran had “perfect” negotiations led by Jared Kushner and Steve Witkoff. But, when you see Donald Trump use words like “perfect” and ... [continued] The post Wall Street & The Corporate Media Are Buying Rumors of Iran Negotiations, But You Can’t Power Your Car With Big Lies appeared first on CleanTechnica .