Video: What oil prices tell you about the Iran war
Despite what President Trump says, the Iran war is not nearly over. Here's what to expect as it drags on.
I chatted with Adam Shapiro of AInvest on March 11 about the Iran war, the outlook for oil prices and the political implications for President Trump and his fellow Republicans. Takeaways:
The Pentagon has war-gamed the closing of the Strait of Hormuz as part of an Iran war scenario for decades. Yet it clearly caught Trump by surprise. That’s shaping up as Trump’s biggest failure in two presidential terms.
Trump is running the war shoddily, with shifting war aims and poor messaging to the American public. He did nothing to prepare Americans for a spike in energy prices.
But there are still ways the war might succeed.
The oil price tells you how long markets expect the war to last. Higher = longer; lower = shorter.
Why America’s “energy independence” can’t protect against rising oil prices.
Less than 15 minutes. Have a look!
Rick like i said before he is either bi-polar/or skitsoo.The reason is i believe some of these plan's happen in the middle of the night when he is watching TV and,a lot of people are on his case.WARS don't solve anything but,yes they are a"EVIL" regime. The truth is in the "BIBLE". Read chapter's 3and4 of Ephesians.WARS just prolong things an one leads to one more on down the road.