[Opinion] We Are Being Warned That Global Oil Inventories Are “Close To Nothing” As We Plunge Into The Most Severe Oil Crisis In History
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ussanews.comWe Are Being Warned That Global Oil Inventories Are “Close To Nothing” As We Plunge Into The Most Severe Oil Crisis In History
(OPINION) The only way that we were going to avoid a historic oil crisis was if a diplomatic solution could be found to end the war in the Middle East. Obviously that did not happen. The “Memorandum of Understanding” has completely failed and the U.S. and Iran are hitting one another really hard. The Strait […]
Five months of change of course and fanfare in his war against Iran worsen the situation of the US President Trump's erratic management of the war in Iran: he reciprocates with the 20% rate for patrolling Ormuz Donald Trump has led the war with Iran to a new, even more murky phase, as both sides move further away from the vague memorandum of understanding (MOU) signed on June 17. And, as during the initial phase of the conflict, the aims and met…
We Are Being Warned That Global Oil Inventories Are "Close To Nothing" As We Plunge Into The Most Severe Oil Crisis In History
The only way that we were going to avoid a historic oil crisis was if a diplomatic solution could be found to end the war in the Middle East. Obviously that did not happen. The “Memorandum of Understanding” has completely failed and the U.S. and Iran are hitting one another really hard. The Strait of Hormuz is going to be closed for the foreseeable future, and now it appears that the Bab el-Mandeb Strait will soon be closed as well. Global oil i…
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