oil up 7 percent last night. the actual buy price, not paper futures price, is around 150 dollars per barrel right now in Asia. price increases aka inflation is coming.
China has an estimated 1.4 BILLION barrels of oil in reserve. americans will cry uncle long before that supply is seriously drawn down
as for iranians and money they will eat dirt before caving to the terrorists who cowardly sneak attacked teir country during negotiations and bombed and murdered schoolchildren along with some of their leadership.
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