"Who is making money off the current crisis?
The answer is simple: Iran. Who else? Israel?
"With oil usage down 10% or more in the US, 20% in most of Europe, with China’s buying going “soft” and world oil stockpiles up 40%, oil futures would be worthless except in the case of the Straits of Hormuz being closed by Iran.
The buying was traced down to Israel. They bought the futures and if oil went under $50 per barrel, not only would that help bring back the economies of the EU and US in a major way, Israel would lose billions and, oddly, so would Iran.
97% of Iran’s money depends on oil exports and the prospect of $50 dollar oil would collapse the current regime in Tehran in two months.
Instead, the current crisis, which has taken oil to over $100 per bbl for no rational reason has been a life saver for Iran."
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