Interesting opinion. I have friends in the IDF who say this is a survival war; both sides don’t want to surrender and are trying to destroy each other. Given Iran is unlikely to give up, what do you think oil prices would be by the end of the month if the situation continues?
Central banks should probalby NOT try to stabilize their currencies in response to an oil shock. Their economis need to adjust to the higher oil prices and the relative price of tradeable and non-tradable goods is a part that process.
I seem to recall the primary during WWII threat was sub and surface torpedoes. Yet certainly a fair question! Escorts today would be Aegis Class ships or any platform carrying the CIWS (looks like R2-D2) w/ 3000 rpm addressing Iranian drone or swarm risk.
Interesting opinion. I have friends in the IDF who say this is a survival war; both sides don’t want to surrender and are trying to destroy each other. Given Iran is unlikely to give up, what do you think oil prices would be by the end of the month if the situation continues?
Central banks should probalby NOT try to stabilize their currencies in response to an oil shock. Their economis need to adjust to the higher oil prices and the relative price of tradeable and non-tradable goods is a part that process.
I wonder if the old WWIi strategy of convoys could help.
I seem to recall the primary during WWII threat was sub and surface torpedoes. Yet certainly a fair question! Escorts today would be Aegis Class ships or any platform carrying the CIWS (looks like R2-D2) w/ 3000 rpm addressing Iranian drone or swarm risk.
As gasoline prices in the US headed towards $4, Trump the first to blink. Not saying this is over but getting close.
Hey Robin. Can you please send a link for the data source? Cheers!