OIL, GAS, AI and EPSTEIN ISLAND
Oil futures are not oil prices and oil prices are not diesel, gas or plastics prices. A lot of the focus is on the Strait of Hormuz, but there are other factors and a slightly more complex set of goals for Iran than the United States. The real prize is rising treasuries in the US. Despite efforts by Scott Bessent, the price of borrowing money keeps going up—bad news if you happen to be prosecuting an extremely expensive war that includes elaborate, expensive operations to move barrels of crude. Add to the fact that 7 companies with no real revenue are competing with the US government for all…
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