2025 Q4 -tulosraportti
29 päivää sitten
‧1 t 33 min
0,39 USD/osake
Irtoamispäivä 13.5.
4,95%Tuotto/v
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 182 | - | - | ||
| 181 | - | - | ||
| 362 | - | - | ||
| 150 | - | - | ||
| 250 | - | - |
Ylin
308,6VWAP
Alin
295,7VaihtoMäärä
2 420,9 7 968 414
VWAP
Ylin
308,6Alin
295,7VaihtoMäärä
2 420,9 7 968 414
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 6.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 29.10.2025 | ||
2025 Q2 -tulosraportti 23.7.2025 | ||
2025 Q1 -tulosraportti 30.4.2025 | ||
2024 Q4 -tulosraportti 5.2.2025 |
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 t sitten · Muokattuthat this performs almost 3 times as well as Vår Energi today, I had not expected that.·2 t sittenThe size of the company does not necessarily correlate with stock performance.
- ·5 t sittenNATO chief Rutte supports USA: "Iran was close to becoming a threat to Europe" NATO chief Mark Rutte made a clear statement on Thursday in the wake of the missile incident over Turkey on Wednesday, where NATO's air defense stopped a ballistic missile on its way from Iran into Turkish airspace. "Iran was also close to becoming a threat to Europe. We support Trump in having taken out Iran's nuclear and missile capabilities," said Rutte – and added that his impression is that the USA knows what it is doing. The incident is geopolitically significant for several reasons. Firstly, it confirms that Iran actually fired a ballistic missile at a NATO country, even though Iran denies this. Secondly, it shows that Rutte now explicitly puts NATO behind the American operation against Iran's military infrastructure – which gives the USA stronger diplomatic backing. It is worth remembering that Norway itself has been in a similar situation. In 2011, Norwegian F16 jets participated in the NATO operation in Libya, where we dropped 588 bombs – a full 10 percent of all air attacks in the operation. The UN mandate through resolution 1973 gave permission to protect civilians, but not explicitly for regime change. UN veteran Ian Martin, who led the UN's planning from April 2011, has since stated that it is difficult to say exactly when the line between protection of civilians and regime change was crossed – but that it was clearly overstepped. The Libya Committee concluded in 2018 that Norway did not violate international law, but international law professor Geir Ulfstein at UiO disagrees and believes that the royal resolution from 17. June 2011 shows that the UN mandate was broken. The question of international law is thus not black and white. The American operation against Iran lacks a UN mandate, but the NATO chief supports it nonetheless – just as Norway in 2011 went further than many believed the UN mandate allowed. The double standard is not new, but it is worth keeping in mind. For those who follow the defense and security sector as an investment theme, this is a reminder that the geopolitical pressure driving demand for air defense, missile defense, and defense investments in general, is not transient. The situation continues to develop rapidly. Sources: ∙ Dagbladet – https://www.dagbladet.no/studio/80616-angrepet-mot-iran/11201194 ∙ Store norske leksikon – https://snl.no/Krigen_i_Libya_2011 ∙ Panorama Nyheter (Ian Martin/FN) – https://www.panoramanyheter.no/diplomati-fn-krig-og-konflikt/helt-klart-at-mandatet-ble-overskredet/331571 ∙ Aftenposten/Geir Ulfstein – https://www.aftenposten.no/meninger/debatt/i/VR8ep1/norge-broet-folkeretten-i-libya-geir-ulfstein ∙ NRK – https://www.nrk.no/urix/utvalg-om-libya-bombing_-politikerne-hadde-svaert-begrenset-kunnskap-1.14205087
- ·6 t sittenWho is behind Iran – and what does it mean for the markets? Operation Epic Fury on February 28, 2026 changed the Middle East in hours. The USA and Israel killed Ayatollah Khamenei and knocked out large parts of Iran's military infrastructure. But a state like Iran does not disappear when its leader falls. The question the markets are now asking is not whether the war is over – it is who will keep it going, and for how long. The Axis of Resistance – weakened, but not gone For several decades, Iran has built a regional network of non-state actors: Hezbollah in Lebanon, the Houthi movement in Yemen, and Shia militias in Iraq. Norwegian intelligence describes this as "the Axis of Resistance". Hezbollah fired rockets at Israel immediately after Khamenei's death – all were shot down. The Houthi movement has announced the resumption of attacks against Israeli-affiliated shipping. The Iraqi Shia militias, which are the most capable remaining proxy forces and geographically closest to American bases, are the big unknown going forward. It is nevertheless worth noting that this network is noticeably weakened after two years of Israeli offensive. Hassan Nasrallah was killed in the autumn of 2024. Hamas is significantly reduced. Hezbollah is a shadow of its former self compared to 2023. Iran spent more than a decade building these capabilities – Israel and the USA have spent two years tearing them down. Shia and Sunni – the dividing lines that never completely disappear Iran is a Shia power and primarily supports Shia populations and militias. The Sunni-dominated Gulf states have for years seen Iran as their foremost security challenge. Saudi Arabia expressed "strong condemnation" of Iran's missile attacks against the Gulf countries this week – but said nothing in support of the USA/Israel's attack on Iran. It is a telling signal: Riyadh is not on Tehran's side, but neither is it on Washington's. Nevertheless, there is a paradox. Hamas – a Sunni movement – mourned Khamenei and hailed him as a supporter of the Palestinian cause. North Korea called the USA "gangsters". Syria condemned the attacks. The Arab street in Cairo, Baghdad, and Karachi largely perceives this as Western imperialism against a Muslim country, regardless of sectarian affiliation. This is different from previous wars fought through proxies – this time Iran has been attacked on its own territory with its supreme leader killed, which provides a stronger emotional mobilization force. Russia and China – the silent supporters Two countries will not fire a single missile for Iran, but will nevertheless shape the outcome. Iran has supplied Shahed drones in large quantities to Russia for use in Ukraine, and the two countries have built a real defense cooperation. China is dependent on Iranian oil and has close trade relations with Tehran. Neither of them will escalate militarily – but both will block UN resolutions, provide diplomatic cover, and indirectly strengthen Iran's negotiating position. This makes any notion of a quick political settlement illusory. What does this mean for portfolios? The core of the risk picture is the Strait of Hormuz. Around 20 percent of the world's oil transport passes through this strait, and Iran has the capacity to threaten shipping there even with weakened military power. A lasting disruption will send energy prices to levels we have not seen since 2022. For the defense sector, the picture is the opposite: a conflict that directly involves the USA and requires continuous replenishment of missile stocks and advanced precision weapons, is exactly the scenario that drives demand in the defense industry. For silver and nuclear energy, much depends on whether the conflict intensifies the pressure for Western energy independence from unstable regions – for now, all signs point in that direction. This is not over. It is the beginning of a phase that could last years. --- Sources: NRK – Why Israel and the USA are attacking Iran (updated 03.03.2026): https://www.nrk.no/urix/derfor-angriper-israel-og-usa-iran-1.17788905 NRK – The war in Iran: Regime change is wishful thinking (03.03.2026): https://www.nrk.no/urix/krigen-i-iran_-_-regimeendring-er-onsketenking-1.17790295 VG – The war in the Middle East: Questions and answers (03.03.2026): https://www.vg.no/nyheter/i/ArP98E/krigen-i-midtoesten-spoersmaal-og-svar VG – How the world reacts to the Iran attack and the Ayatollah's killing (03.03.2026): https://www.vg.no/nyheter/i/rrlGxK/statsledere-verden-over-reagerer-paa-iran-konflikten FN-sambandet – The war between Iran, the USA and Israel: This is what the UN says (02.03.2026): https://fn.no/nyheter/krigen-mellom-iran-usa-og-israel-dette-sier-fn Etterretningstjenesten – Fokus 2026, Middle East chapter: https://www.etterretningstjenesten.no/publikasjoner/fokus/fokus2026_innhold/Fokus26_Kap7 SNL – Iran's defense: https://snl.no/Irans_forsvar
- ·6 t sittenThat there are any easy solutions here is not likely and negotiations with Iran now are just fake news, the stock is being held down because of this, but sooner or later demand will explode, OPEC will stop producing more oil when inventories are full, they will not increase production in the near future either. They will push the price up to compensate for the losses they are now incurring due to the Strait of Hormuz.
- ·6 t sitten · MuokattuIran's three enemies: The Great, the Medium-sized, and the Little Satan In the vocabulary of the Islamic Revolution, the term "Satan" has long been used as a politically and religiously charged designation for Iran's declared adversaries. Ayatollah Khomeini established "the Great Satan" (Shaytan-e Bozorg) as a designation for the USA already during the 1979 revolution — a term that has since been a permanent fixture in Iranian state rhetoric. The USA is the Great Satan: the source of imperialism, the one who destabilizes regions, imposes sanctions, and controls the world order for its own benefit. It is Washington that sets the premises, and it is Washington that Iran holds responsible for decades of interference in the region. Europe is the Medium-sized Satan — not innocent, but also not leading. European powers are criticized for uncritically following the USA, for giving Israel diplomatic cover in international forums, and for having failed the nuclear agreement (JCPOA) when courage was required to resist American sanctions. Europe is described as a tool, not an independent actor. Israel is the Little Satan: a state Iran does not recognize, and which is described as an illegal regime planted in the heart of the Islamic world with Western support. After the attacks in 2024 and 2025, the rhetorical temperature has risen further. This is a reproduction of Iranian state rhetoric for analytical purposes. This is how the Western world looks through Iran's eyes. And this hatred has lasted for decades.. we are seeing the result of it now.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2025 Q4 -tulosraportti
29 päivää sitten
‧1 t 33 min
0,39 USD/osake
Irtoamispäivä 13.5.
4,95%Tuotto/v
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 t sitten · Muokattuthat this performs almost 3 times as well as Vår Energi today, I had not expected that.·2 t sittenThe size of the company does not necessarily correlate with stock performance.
- ·5 t sittenNATO chief Rutte supports USA: "Iran was close to becoming a threat to Europe" NATO chief Mark Rutte made a clear statement on Thursday in the wake of the missile incident over Turkey on Wednesday, where NATO's air defense stopped a ballistic missile on its way from Iran into Turkish airspace. "Iran was also close to becoming a threat to Europe. We support Trump in having taken out Iran's nuclear and missile capabilities," said Rutte – and added that his impression is that the USA knows what it is doing. The incident is geopolitically significant for several reasons. Firstly, it confirms that Iran actually fired a ballistic missile at a NATO country, even though Iran denies this. Secondly, it shows that Rutte now explicitly puts NATO behind the American operation against Iran's military infrastructure – which gives the USA stronger diplomatic backing. It is worth remembering that Norway itself has been in a similar situation. In 2011, Norwegian F16 jets participated in the NATO operation in Libya, where we dropped 588 bombs – a full 10 percent of all air attacks in the operation. The UN mandate through resolution 1973 gave permission to protect civilians, but not explicitly for regime change. UN veteran Ian Martin, who led the UN's planning from April 2011, has since stated that it is difficult to say exactly when the line between protection of civilians and regime change was crossed – but that it was clearly overstepped. The Libya Committee concluded in 2018 that Norway did not violate international law, but international law professor Geir Ulfstein at UiO disagrees and believes that the royal resolution from 17. June 2011 shows that the UN mandate was broken. The question of international law is thus not black and white. The American operation against Iran lacks a UN mandate, but the NATO chief supports it nonetheless – just as Norway in 2011 went further than many believed the UN mandate allowed. The double standard is not new, but it is worth keeping in mind. For those who follow the defense and security sector as an investment theme, this is a reminder that the geopolitical pressure driving demand for air defense, missile defense, and defense investments in general, is not transient. The situation continues to develop rapidly. Sources: ∙ Dagbladet – https://www.dagbladet.no/studio/80616-angrepet-mot-iran/11201194 ∙ Store norske leksikon – https://snl.no/Krigen_i_Libya_2011 ∙ Panorama Nyheter (Ian Martin/FN) – https://www.panoramanyheter.no/diplomati-fn-krig-og-konflikt/helt-klart-at-mandatet-ble-overskredet/331571 ∙ Aftenposten/Geir Ulfstein – https://www.aftenposten.no/meninger/debatt/i/VR8ep1/norge-broet-folkeretten-i-libya-geir-ulfstein ∙ NRK – https://www.nrk.no/urix/utvalg-om-libya-bombing_-politikerne-hadde-svaert-begrenset-kunnskap-1.14205087
- ·6 t sittenWho is behind Iran – and what does it mean for the markets? Operation Epic Fury on February 28, 2026 changed the Middle East in hours. The USA and Israel killed Ayatollah Khamenei and knocked out large parts of Iran's military infrastructure. But a state like Iran does not disappear when its leader falls. The question the markets are now asking is not whether the war is over – it is who will keep it going, and for how long. The Axis of Resistance – weakened, but not gone For several decades, Iran has built a regional network of non-state actors: Hezbollah in Lebanon, the Houthi movement in Yemen, and Shia militias in Iraq. Norwegian intelligence describes this as "the Axis of Resistance". Hezbollah fired rockets at Israel immediately after Khamenei's death – all were shot down. The Houthi movement has announced the resumption of attacks against Israeli-affiliated shipping. The Iraqi Shia militias, which are the most capable remaining proxy forces and geographically closest to American bases, are the big unknown going forward. It is nevertheless worth noting that this network is noticeably weakened after two years of Israeli offensive. Hassan Nasrallah was killed in the autumn of 2024. Hamas is significantly reduced. Hezbollah is a shadow of its former self compared to 2023. Iran spent more than a decade building these capabilities – Israel and the USA have spent two years tearing them down. Shia and Sunni – the dividing lines that never completely disappear Iran is a Shia power and primarily supports Shia populations and militias. The Sunni-dominated Gulf states have for years seen Iran as their foremost security challenge. Saudi Arabia expressed "strong condemnation" of Iran's missile attacks against the Gulf countries this week – but said nothing in support of the USA/Israel's attack on Iran. It is a telling signal: Riyadh is not on Tehran's side, but neither is it on Washington's. Nevertheless, there is a paradox. Hamas – a Sunni movement – mourned Khamenei and hailed him as a supporter of the Palestinian cause. North Korea called the USA "gangsters". Syria condemned the attacks. The Arab street in Cairo, Baghdad, and Karachi largely perceives this as Western imperialism against a Muslim country, regardless of sectarian affiliation. This is different from previous wars fought through proxies – this time Iran has been attacked on its own territory with its supreme leader killed, which provides a stronger emotional mobilization force. Russia and China – the silent supporters Two countries will not fire a single missile for Iran, but will nevertheless shape the outcome. Iran has supplied Shahed drones in large quantities to Russia for use in Ukraine, and the two countries have built a real defense cooperation. China is dependent on Iranian oil and has close trade relations with Tehran. Neither of them will escalate militarily – but both will block UN resolutions, provide diplomatic cover, and indirectly strengthen Iran's negotiating position. This makes any notion of a quick political settlement illusory. What does this mean for portfolios? The core of the risk picture is the Strait of Hormuz. Around 20 percent of the world's oil transport passes through this strait, and Iran has the capacity to threaten shipping there even with weakened military power. A lasting disruption will send energy prices to levels we have not seen since 2022. For the defense sector, the picture is the opposite: a conflict that directly involves the USA and requires continuous replenishment of missile stocks and advanced precision weapons, is exactly the scenario that drives demand in the defense industry. For silver and nuclear energy, much depends on whether the conflict intensifies the pressure for Western energy independence from unstable regions – for now, all signs point in that direction. This is not over. It is the beginning of a phase that could last years. --- Sources: NRK – Why Israel and the USA are attacking Iran (updated 03.03.2026): https://www.nrk.no/urix/derfor-angriper-israel-og-usa-iran-1.17788905 NRK – The war in Iran: Regime change is wishful thinking (03.03.2026): https://www.nrk.no/urix/krigen-i-iran_-_-regimeendring-er-onsketenking-1.17790295 VG – The war in the Middle East: Questions and answers (03.03.2026): https://www.vg.no/nyheter/i/ArP98E/krigen-i-midtoesten-spoersmaal-og-svar VG – How the world reacts to the Iran attack and the Ayatollah's killing (03.03.2026): https://www.vg.no/nyheter/i/rrlGxK/statsledere-verden-over-reagerer-paa-iran-konflikten FN-sambandet – The war between Iran, the USA and Israel: This is what the UN says (02.03.2026): https://fn.no/nyheter/krigen-mellom-iran-usa-og-israel-dette-sier-fn Etterretningstjenesten – Fokus 2026, Middle East chapter: https://www.etterretningstjenesten.no/publikasjoner/fokus/fokus2026_innhold/Fokus26_Kap7 SNL – Iran's defense: https://snl.no/Irans_forsvar
- ·6 t sittenThat there are any easy solutions here is not likely and negotiations with Iran now are just fake news, the stock is being held down because of this, but sooner or later demand will explode, OPEC will stop producing more oil when inventories are full, they will not increase production in the near future either. They will push the price up to compensate for the losses they are now incurring due to the Strait of Hormuz.
- ·6 t sitten · MuokattuIran's three enemies: The Great, the Medium-sized, and the Little Satan In the vocabulary of the Islamic Revolution, the term "Satan" has long been used as a politically and religiously charged designation for Iran's declared adversaries. Ayatollah Khomeini established "the Great Satan" (Shaytan-e Bozorg) as a designation for the USA already during the 1979 revolution — a term that has since been a permanent fixture in Iranian state rhetoric. The USA is the Great Satan: the source of imperialism, the one who destabilizes regions, imposes sanctions, and controls the world order for its own benefit. It is Washington that sets the premises, and it is Washington that Iran holds responsible for decades of interference in the region. Europe is the Medium-sized Satan — not innocent, but also not leading. European powers are criticized for uncritically following the USA, for giving Israel diplomatic cover in international forums, and for having failed the nuclear agreement (JCPOA) when courage was required to resist American sanctions. Europe is described as a tool, not an independent actor. Israel is the Little Satan: a state Iran does not recognize, and which is described as an illegal regime planted in the heart of the Islamic world with Western support. After the attacks in 2024 and 2025, the rhetorical temperature has risen further. This is a reproduction of Iranian state rhetoric for analytical purposes. This is how the Western world looks through Iran's eyes. And this hatred has lasted for decades.. we are seeing the result of it now.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 182 | - | - | ||
| 181 | - | - | ||
| 362 | - | - | ||
| 150 | - | - | ||
| 250 | - | - |
Ylin
308,6VWAP
Alin
295,7VaihtoMäärä
2 420,9 7 968 414
VWAP
Ylin
308,6Alin
295,7VaihtoMäärä
2 420,9 7 968 414
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 6.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 29.10.2025 | ||
2025 Q2 -tulosraportti 23.7.2025 | ||
2025 Q1 -tulosraportti 30.4.2025 | ||
2024 Q4 -tulosraportti 5.2.2025 |
2025 Q4 -tulosraportti
29 päivää sitten
‧1 t 33 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q1 -tulosraportti 6.5. |
| Menneet tapahtumat | ||
|---|---|---|
2025 Q4 -tulosraportti 4.2. | ||
2025 Q3 -tulosraportti 29.10.2025 | ||
2025 Q2 -tulosraportti 23.7.2025 | ||
2025 Q1 -tulosraportti 30.4.2025 | ||
2024 Q4 -tulosraportti 5.2.2025 |
0,39 USD/osake
Irtoamispäivä 13.5.
4,95%Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·1 t sitten · Muokattuthat this performs almost 3 times as well as Vår Energi today, I had not expected that.·2 t sittenThe size of the company does not necessarily correlate with stock performance.
- ·5 t sittenNATO chief Rutte supports USA: "Iran was close to becoming a threat to Europe" NATO chief Mark Rutte made a clear statement on Thursday in the wake of the missile incident over Turkey on Wednesday, where NATO's air defense stopped a ballistic missile on its way from Iran into Turkish airspace. "Iran was also close to becoming a threat to Europe. We support Trump in having taken out Iran's nuclear and missile capabilities," said Rutte – and added that his impression is that the USA knows what it is doing. The incident is geopolitically significant for several reasons. Firstly, it confirms that Iran actually fired a ballistic missile at a NATO country, even though Iran denies this. Secondly, it shows that Rutte now explicitly puts NATO behind the American operation against Iran's military infrastructure – which gives the USA stronger diplomatic backing. It is worth remembering that Norway itself has been in a similar situation. In 2011, Norwegian F16 jets participated in the NATO operation in Libya, where we dropped 588 bombs – a full 10 percent of all air attacks in the operation. The UN mandate through resolution 1973 gave permission to protect civilians, but not explicitly for regime change. UN veteran Ian Martin, who led the UN's planning from April 2011, has since stated that it is difficult to say exactly when the line between protection of civilians and regime change was crossed – but that it was clearly overstepped. The Libya Committee concluded in 2018 that Norway did not violate international law, but international law professor Geir Ulfstein at UiO disagrees and believes that the royal resolution from 17. June 2011 shows that the UN mandate was broken. The question of international law is thus not black and white. The American operation against Iran lacks a UN mandate, but the NATO chief supports it nonetheless – just as Norway in 2011 went further than many believed the UN mandate allowed. The double standard is not new, but it is worth keeping in mind. For those who follow the defense and security sector as an investment theme, this is a reminder that the geopolitical pressure driving demand for air defense, missile defense, and defense investments in general, is not transient. The situation continues to develop rapidly. Sources: ∙ Dagbladet – https://www.dagbladet.no/studio/80616-angrepet-mot-iran/11201194 ∙ Store norske leksikon – https://snl.no/Krigen_i_Libya_2011 ∙ Panorama Nyheter (Ian Martin/FN) – https://www.panoramanyheter.no/diplomati-fn-krig-og-konflikt/helt-klart-at-mandatet-ble-overskredet/331571 ∙ Aftenposten/Geir Ulfstein – https://www.aftenposten.no/meninger/debatt/i/VR8ep1/norge-broet-folkeretten-i-libya-geir-ulfstein ∙ NRK – https://www.nrk.no/urix/utvalg-om-libya-bombing_-politikerne-hadde-svaert-begrenset-kunnskap-1.14205087
- ·6 t sittenWho is behind Iran – and what does it mean for the markets? Operation Epic Fury on February 28, 2026 changed the Middle East in hours. The USA and Israel killed Ayatollah Khamenei and knocked out large parts of Iran's military infrastructure. But a state like Iran does not disappear when its leader falls. The question the markets are now asking is not whether the war is over – it is who will keep it going, and for how long. The Axis of Resistance – weakened, but not gone For several decades, Iran has built a regional network of non-state actors: Hezbollah in Lebanon, the Houthi movement in Yemen, and Shia militias in Iraq. Norwegian intelligence describes this as "the Axis of Resistance". Hezbollah fired rockets at Israel immediately after Khamenei's death – all were shot down. The Houthi movement has announced the resumption of attacks against Israeli-affiliated shipping. The Iraqi Shia militias, which are the most capable remaining proxy forces and geographically closest to American bases, are the big unknown going forward. It is nevertheless worth noting that this network is noticeably weakened after two years of Israeli offensive. Hassan Nasrallah was killed in the autumn of 2024. Hamas is significantly reduced. Hezbollah is a shadow of its former self compared to 2023. Iran spent more than a decade building these capabilities – Israel and the USA have spent two years tearing them down. Shia and Sunni – the dividing lines that never completely disappear Iran is a Shia power and primarily supports Shia populations and militias. The Sunni-dominated Gulf states have for years seen Iran as their foremost security challenge. Saudi Arabia expressed "strong condemnation" of Iran's missile attacks against the Gulf countries this week – but said nothing in support of the USA/Israel's attack on Iran. It is a telling signal: Riyadh is not on Tehran's side, but neither is it on Washington's. Nevertheless, there is a paradox. Hamas – a Sunni movement – mourned Khamenei and hailed him as a supporter of the Palestinian cause. North Korea called the USA "gangsters". Syria condemned the attacks. The Arab street in Cairo, Baghdad, and Karachi largely perceives this as Western imperialism against a Muslim country, regardless of sectarian affiliation. This is different from previous wars fought through proxies – this time Iran has been attacked on its own territory with its supreme leader killed, which provides a stronger emotional mobilization force. Russia and China – the silent supporters Two countries will not fire a single missile for Iran, but will nevertheless shape the outcome. Iran has supplied Shahed drones in large quantities to Russia for use in Ukraine, and the two countries have built a real defense cooperation. China is dependent on Iranian oil and has close trade relations with Tehran. Neither of them will escalate militarily – but both will block UN resolutions, provide diplomatic cover, and indirectly strengthen Iran's negotiating position. This makes any notion of a quick political settlement illusory. What does this mean for portfolios? The core of the risk picture is the Strait of Hormuz. Around 20 percent of the world's oil transport passes through this strait, and Iran has the capacity to threaten shipping there even with weakened military power. A lasting disruption will send energy prices to levels we have not seen since 2022. For the defense sector, the picture is the opposite: a conflict that directly involves the USA and requires continuous replenishment of missile stocks and advanced precision weapons, is exactly the scenario that drives demand in the defense industry. For silver and nuclear energy, much depends on whether the conflict intensifies the pressure for Western energy independence from unstable regions – for now, all signs point in that direction. This is not over. It is the beginning of a phase that could last years. --- Sources: NRK – Why Israel and the USA are attacking Iran (updated 03.03.2026): https://www.nrk.no/urix/derfor-angriper-israel-og-usa-iran-1.17788905 NRK – The war in Iran: Regime change is wishful thinking (03.03.2026): https://www.nrk.no/urix/krigen-i-iran_-_-regimeendring-er-onsketenking-1.17790295 VG – The war in the Middle East: Questions and answers (03.03.2026): https://www.vg.no/nyheter/i/ArP98E/krigen-i-midtoesten-spoersmaal-og-svar VG – How the world reacts to the Iran attack and the Ayatollah's killing (03.03.2026): https://www.vg.no/nyheter/i/rrlGxK/statsledere-verden-over-reagerer-paa-iran-konflikten FN-sambandet – The war between Iran, the USA and Israel: This is what the UN says (02.03.2026): https://fn.no/nyheter/krigen-mellom-iran-usa-og-israel-dette-sier-fn Etterretningstjenesten – Fokus 2026, Middle East chapter: https://www.etterretningstjenesten.no/publikasjoner/fokus/fokus2026_innhold/Fokus26_Kap7 SNL – Iran's defense: https://snl.no/Irans_forsvar
- ·6 t sittenThat there are any easy solutions here is not likely and negotiations with Iran now are just fake news, the stock is being held down because of this, but sooner or later demand will explode, OPEC will stop producing more oil when inventories are full, they will not increase production in the near future either. They will push the price up to compensate for the losses they are now incurring due to the Strait of Hormuz.
- ·6 t sitten · MuokattuIran's three enemies: The Great, the Medium-sized, and the Little Satan In the vocabulary of the Islamic Revolution, the term "Satan" has long been used as a politically and religiously charged designation for Iran's declared adversaries. Ayatollah Khomeini established "the Great Satan" (Shaytan-e Bozorg) as a designation for the USA already during the 1979 revolution — a term that has since been a permanent fixture in Iranian state rhetoric. The USA is the Great Satan: the source of imperialism, the one who destabilizes regions, imposes sanctions, and controls the world order for its own benefit. It is Washington that sets the premises, and it is Washington that Iran holds responsible for decades of interference in the region. Europe is the Medium-sized Satan — not innocent, but also not leading. European powers are criticized for uncritically following the USA, for giving Israel diplomatic cover in international forums, and for having failed the nuclear agreement (JCPOA) when courage was required to resist American sanctions. Europe is described as a tool, not an independent actor. Israel is the Little Satan: a state Iran does not recognize, and which is described as an illegal regime planted in the heart of the Islamic world with Western support. After the attacks in 2024 and 2025, the rhetorical temperature has risen further. This is a reproduction of Iranian state rhetoric for analytical purposes. This is how the Western world looks through Iran's eyes. And this hatred has lasted for decades.. we are seeing the result of it now.
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