Seems that the value of stocks can soar and explode as rapidly – and unpredictably – as a conflict in the perennially war-torn Middle East.
That’s right: Shortly after the ongoing conflict between Iran and Israel sparked to outrageously fresh heights, the price of oil appears to have leapt along with the furor.
“Oil prices jumped Friday after Israel launched a strike on Iranian nuclear and military sites and Tehran retaliated. U.S. benchmark WTI was up Friday, increasing to about $73 per barrel from around $69 at the end of the day yesterday,” The Hill detailed.
Yikes.
Such a statement brings back not-so-welcome memories regarding the War on Terror … which is widely reviled as a “globalists’ war.”
Especially given the massive gains that the likes of major corporations, such as Halliburton, enjoyed, amid all the conflict.
Per a report from the NPR in 2003, Halliburton enjoyed a Bonafide “sweetheart” deal that enabled “gold-plating contracts,” which effectively entail “inflating costs and pocketing the difference.”
That said, it seems that global interests are at it again with the latest round of attacks in the Middle East, with the price of oil suddenly spiking overnight.
Problematically, such a major spike in oil prices will inevitably be felt at the gas pump … barring a real, lastingceasefire, that is.
President Donald Trump has been fervently calling for a ceasefire, insisting that it is “not too late” to make a deal with Iran.
“There has already been great death and destruction, but there is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end … Iran must make a deal, before there is nothing left, and save what was once known as the Iranian Empire. No more death, no more destruction, JUST DO IT, BEFORE IT IS TOO LATE,” Trump asserted on Truth Social.
Alas, Iran does not appear interested – at all – in making a deal.
As evidenced from the direct words of the Ayatollah.
“That [Zionist] regime should anticipate a severe punishment. By God’s grace, the powerful arm of the Islamic Republic’s Armed Forces won’t let them go unpunished,” the Ayatollah ominously intoned on X.
And the Ayatollah was not messing about.
“The Middle East is in focus again after Israel launched a historic attack on Iran, killing three of its most powerful men and striking locations key to its nuclear program — and Iran said it has responded with ‘hundreds’ of ballistic missiles,” CNN grimly detailed.
The “hundreds” may soon transform into “thousands.”
Or more …
Author: Jane Jones
