E
enrick
Hey! Economic experts in the world are correctly reasoning that current oil price of some $40 per barrel – it ain’t for long. It is Iran that may cause oil prices go up as it may blockade delivery of over 30 per cent oil from the Middle East by blocking Strait of Hormuz with Iranian crude oil tankers – Tehran has quite enough of them.
In case it is done so, even the USA won’t be able to react as new US president Barack Obama won’t be able to make hard political decisions in point of Tehran in the near future. I bet that Iran is pretty conscious of this advantage and will surely use such opportunity to make profit of it in political sense.
No one knows when exactly it may happen. But it is now that all oil consumers should make provision for the future, not to wait when oil prices start to go up once again. A most reasonable way out is to make vast oil reserves buying up as much oil as possible! The more cheap oil is bought now, the more is saved when oil rises in price!
In case it is done so, even the USA won’t be able to react as new US president Barack Obama won’t be able to make hard political decisions in point of Tehran in the near future. I bet that Iran is pretty conscious of this advantage and will surely use such opportunity to make profit of it in political sense.
No one knows when exactly it may happen. But it is now that all oil consumers should make provision for the future, not to wait when oil prices start to go up once again. A most reasonable way out is to make vast oil reserves buying up as much oil as possible! The more cheap oil is bought now, the more is saved when oil rises in price!