OIL VALVE CLOSED
Iran declared: “Do you think blocking 20% of the world’s oil will only increase gas prices? No, we will increase drama, inflation and the risk of war!”
Investors have not yet recovered from the $BTC 99k crash, now they are sitting and counting every drop of oil like counting tears in the red market.
Iran’s parliament approved the order to close the Strait of Hormuz, blocking access to oil transportation routes. Oil prices could increase by 30-50% immediately, US gasoline could rise to $7/gallon. And if the US and its allies want to “solve the problem”, they may have to bring the entire fleet to negotiate with artillery.
And as always: “Thanks, Mr. Trump”. I’m afraid of your personality 🥲