@brixbounty
I don’t have anywhere near a full understanding of all things Iran and Hormuz.
Yet outside of direct manipulation from Japan and others, I don’t see a way that oil - especially Brent doesn’t go higher.
Would expect it to push the 120 and get some speculation and short covering to push 150+
From a very uniformed vantage point.
If lives weren’t being lost and productive capacity continually destroyed it would be “interesting” to see how our collective near term future plays out.
As it is, death and destruction are hard to embrace.
American consumers not exposed to equities run of the past two years are going to be stressed stressed.
Let alone other nations.
Not sure what to do but continue to occasionally monitor the situation as spring arrives and throws us full tilt into the busy season.
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