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Crude Oil Panic To Strike Asia Within 30 Days; Media Wakes To Mispricing In Oil Markets - Silver & Gold Likely Next
Some problems cannot be solved with coercion or force. And some problems offer such dangerous consequences of triggering greater system failure, if mishandled, that coercion or force should not even be contemplated. Blowback. The world is observing the latter in the 50 days since the start of the February 28 attack on Iran and the world’s hydrocarbon energy supply. Since the start of the Iran war, lost production has drawn some 650 million (M) barrels of crude oil from global stockpiles. Fully 60% of Asia’s crude oil and liquid fuel supply comes from the Persian Gulf region with some countries such as the ... (full story)