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by rawgabbit
84 days ago
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The continued stalemate will likely continue in my opinion. Continued daily strikes by the US and Iran squeezing the strait. China is severely squeezed by loss of oil. Russia benefits from rising oil prices. Everyone else will get to relive the 1970s. Stagflation here we come. |
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The US being a net exporter of oil should benefit from higher oil prices. Defense contractors will also benefit.
The 1970's were probably better than these days. ;)