showdown horizon

Iran and the U.S. have had differences before, but what has occurred in the Strait of Hormuz, is on a level not seen for some time.

20 percent of the world’s oil supply goes through the Strait of Hormuz.

Iran has a key location to disrupt the oil supply. This situation will hang around as it won’t be settled overnight. Get ready for higher oil prices, higher gold prices, and inflation.

$100 per barrel oil could easily become a reality once again, having a massive impact on the supply chain of all products.*

* Story from Conflict with Iran

Oil and gold have moved higher on these uncertain times with Iran.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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