Sep. 22 at 4:40 PM
President Trump has said that oil and gasoline prices will not fall until after the November 3 elections in America. What exactly did he mean by that? Why would those elections — which will determine the balance of power in Congress —matter to Iran? We don’t know for sure, but some sources I speak with believe that, after those elections are over, Trump will feel free to become hyper-aggressive, potentially destroying or taking control of Iranian oil and energy assets. If so, that would spike prices in the short term, but the market would anticipate higher oil exports later, bringing prices down. That may sound odd, but it’s what some of my smarter sources are whispering about.
Two: this could go on longer than many think. Yes, Iran is suffering. Its economy is hurting, its currency is collapsing and whatever news we get from inside the closed kingdom implies tough times.
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