RE: al jazerra Monday 2nd August2 Aug 2021 19:49
The Iran nuclear deal was discounted in the market. Now it is more complex and less likely, so bullish for oil. Not easy for traders to factor in.
Insurance for shipping will go up in the region close to Oman. There won’t be a war with what is going on in the world at the moment. Iran an USA may join together for Afghan’s sake . Israel/ Iraq relationship interesting to observe, no doubt Israel will lead the US without taking orders from them directly here.
Dominic does not want this to escalate either. The man is busiest enough at the moment..