Hormuz handles 21% of the world’s oil. Oil prices are predicted to go to $150 – $200 per barrel…The damage has been done. It will take months to get back up to normal…There is NO policy that can fix or prevent this crash. This is about much more than oil. It is also about global commodities…Every GCC nation is affected and has either been crippled or simply cannot off-load production…Once these things have been set in motion, they take on a life of their own. Anyone who thinks this war will not affect Iraq simply has no geopolitical sensibilities …Those preaching a war-time RV are delusional. The crash is coming in 2 weeks and you should be prepared. :Fnu Lnu
