Who benefits from a rise in oil prices?
Iran is under US backed sanctions so I don't know whether they benefit much at all. Other than them, who benefits ?:
Iraq, Kuwait, UAE, Qatar, Bahrain, Saudi Arabia, Russia, and Indonesia. Driving the price up by something other than attacking tankers would be a lot easier since it's mainly insurance rates that will climb and stay higher for a while rather than the usual speculation bump this will cause.
Who doesn't want Japan's leader Abe, who is in Iran at the moment, talking with the Iranians is a better question.
One of the tankers hit is owned by a Japanese company the other was a Norwegian owned tanker en-route to Japan, a bit much for a coincidence.
Small taters, Revel.
Who benefits from War?
Putin’s Russia is the winner.
I do. Lots of us that own mineral interests right here in the USA see increased profits when oil goes up. The downside is that it hurts other industry if it goes too high. And if it goes too low, we see ourselves selling our resources too cheaply, oil is a world market. A happy median is good.
I do. Lots of us that own mineral interests right here in the USA see increased profits when oil goes up. The downside is that it hurts other industry if it goes too high. And if it goes too low, we see ourselves selling our resources too cheaply, oil is a world market. A happy median is good.Of course foreign nations have different views..
The Saudis and the Emiratis of course.