Iran - Israel/US War: Israel-US declare war on Iran, Iran responds

[Khorasan Black Flags]

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[Persian Gulf]

Brent crude rises to $94

 

[retaxis]

Brent crude rises to $94

Its only going to keep going up for two reasons.
1. fighting resumed a few weeks ago and it takes around 45 days for the last oil tanker that was allowed free passage to touch down and supply oil. after that its all just some oil leak here and there which is no where enough.
2. China has a lot of oil tankers off its coastline and not willing to go deep into strategic reserves at all incase a war breaks out and you need the oil and gas for fighting. Therefore China will likely play the market as well and buy a lot of oil pushing up the prices.

So i don't think the price is going down anytime soon.

 

[Ali_Baba]

Iran’s steel Silk Road breaks the maritime siege​

Iran’s steel Silk Road breaks the maritime siege

Maritime pressure is forcing Iran’s economic geography inland, where railways are becoming instruments of sovereignty.

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