If the US and Israel launch a full-scale invasion into the sovereign nation of Iran, the global oil industry will be one of the first of the wounded. What Would happen in that event?
Estimates range, but approximately 25% of all the world’s oil is transported through the Strait of Hormuz. That supply would instantly disappear and would remain frozen until any one side were to regain total control of that body of ocean.
Global oil prices would skyrocket, generating overall inflation and market panic. The purchasing power of the dollar would decline for everybody, and those with lifetime savings in the market would suffer devastating losses, while that wealth would be reallocated to the Uber Wealthy and Power Elite through hedge fund activity and the like.
Meanwhile, secondary oil producers within the global economy–namely Mexico, Brazil, and Nigeria, would naturally experience an increased demand for their oil exports, with Venezuela’s and the Middle East’ supply interrupted. Most significantly, the markets of China and Russia, as well as India, would demand it.
So, what does Empire do next? Does it also go after countries like Mexico and Nigeria, which are practically defenseless in the face of its military capacity, with the justification of undermining the Communist regime of China (and North Korea), and the Russian Oligarchy?
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