🌏The US-Iran-Israel war has not yet reached a resolution. Furthermore, the targeting of the crude oil system is having a significant impact on globalization, leading to a rise in global oil prices.
#TrumpConsidersEndingIranConflict
Let's explore in detail some of the reasons why oil prices may see a further increase :
1. No resolution to this war yet
2. Iran's continued targeting of Gulf countries
3. Iran's strict blockade of the Strait of Hormuz
4. Discussions of military action by the US on Kharg Island
5. Signs of an economic recession in Iran
6. Iran's targeting of Qatar's largest LNG refinery
🔶️ All these reports point to a further increase in oil and gas prices
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