With $90 oil, markets react, production adjusts.
We read that most of our oil is coming from West Texas…..our other fields in other states are capped thanks to Obiden. But the Bushes are making a fortune…..and of course Trump can no longer say that he produced the most oil….Bushes got to keep him out that WH !
We will really feel the effects of this war when things begin to get dicey in the Persian Gulf. Iran has already been talking embargo. Nothing would make Putin happier than seeing the Strait of Hormuz NordStreamed. Last week in the UNSC the UAE delegate threatened withdrawal from the Abraham Accords if Israel continued its course in Gaza. Israel is hemorrhaging international support while moderate Arab leadership is being driven toward uniting behind the Palestinians by their own rapidly radicalizing street.