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The US Must Be Confident It Has A Plan In Place To Lower Oil Prices Once It Strikes Iran
The US Must Be Confident It Has A Plan In Place To Lower Oil Prices Once It Strikes Iran
By Michael Every of Rabobank
Lots Of Xs Vs Lots Of Ys
US vs. Iran: The media today talk of a “90% chance of war” and “as soon as Saturday.” We’ve long stressed there’s a high likelihood of a fresh US-Iran conflict, recent US logistics movements said soon, and an Axios headline yesterday refocused oil markets on it. The balance of risks now tilts to a US strike after market close Friday, even...
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