Historically US millitary involvement in the middle east has led to a surge in oil prices that initially the markets tend to underestimate by a wide margin
The market then plays catch up and oil prices have doubled as in the case of Iraq.
Another factor is the Israeli Iron dome defence is running short on ammo leading to more hits by Iran Hence American involement.
RE: Re- feels like it's jist startin22 Jun 2025 02:27
Told yies aw Trumpet wid hit Fordo So lets see if Iran backs doon aur where we go from here. Hormuz is likely to get targeted by the Houtis or Iran itself which would be self defeating.
Afentra 34% holding in odewayne Somaliland is a very interesting asset that goes virtually unnoticed could be very lucrative near term .Somaliland has 30 billion bbls
Shell ceo warns of supply train disruption in straights of Hormuz.Electronic disruption already caused 2 tankers to collide.Trumpet ready to deploy bunker busters ,who knows after that!
This war is going to go on for weeks and will ultimately lead to a surge in oil price .Straits of Hormuz over 20pc of world oil and near 30pc of lpg at risk if Iran closes the straits!