🇮🇷 Major Gulf powers are joining the war against Iran

US airbases in the region are now being activated.

• Iranian assets and institutions across the Gulf are being frozen and shut down.

• Key decision makers are close to formally entering the conflict.

• Iran attacked Gulf states to scare them into pushing for peace.

It did the opposite.

Here's what this means for your portfolio

OIL: More countries in the war = bigger threat to oil supply

- We were already missing 12M barrels/day

- Next stop: $130-150 $Brent

GOLD: Selling off short term due to a strong dollar

- May continue unless real peace talks emerge

CRYPTO ( $BTC)

- More pain likely if this escalates further

One Gulf foreign minister told the US they're ready for a war lasting up to 9 months.

Markets haven't priced this in yet. What do you think? 👀

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