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Replying to Avatar rod ✪

📰 Next monday, we may see one of the biggest hikes in crude oil since at least the first Gulf War.

Why?

Iran currently produces 3.3 million barrels of crude oil per day, or ~3.5% of global supply. During the current war, Israel is attacking the oil depots, oil fields and gas fields of Iran.

Hoping for diplomacy and peace... This world is on the brink of self destruction and the war mongers are out of control...

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shortwavesurfer2009 6mo ago 💬 2

Looks like its already jumped 5.5%

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John 6mo ago

https://pomf2.lain.la/f/sb6sx1cp.mp4

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rod ✪ 6mo ago

the WTI shows a 6.39%, the futures CL1 shows 7.26%... considering the latest events it is plausible the trend will continue...

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