mulj
Trusted Member
not even that, blend quality is issue, gulf oil is most easy for processing and vital for most of the world refineries, Iran has strong position.oil production increase wont matter if major route is blocked
and if major route remains closed, price will not come down
inflation will rise and exchange rates will be adversely hit and economies will be hit as import bills will rise
that much, without taking into account, closure of Yemeni route!








