White House panics over gasoline price spike after US-provoked Iran warAs war spreads across the Middle East, the White House is “looking under every rock for ideas on improving energy prices, especially gasoline prices,” Politico reports.
real issue is the USD, not a drop of oil will pass the strait of hormuz, in USD term
China will continue to get oil in their VLCC in yuan
those gulf states will not have excess USD to spare in Wall Street, no USD Bond ; not a drop of oil being sold for USD
This gold and silver discussion forum uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this silver forum, you are consenting to our use of cookies.