
US Iran conflict was settling down in June after 2 months and crude oil was coming back to normal range.
When Brent Crude was at $ 71, a small skirmish starts again and then US starts bombing night after night till the Brent Crude rate passes beyond $ 100.
Suddenly Trump realizes he does not have enough weapons in stock and takes a break from bombing. The oil prices slide down $ 90 and the world markets take a breath.
So, was the game to push the Crude to $ 100 ? For all we know Trump and his coterie does not shy from making bets in markets on war info and there must be sure a fortune to be made in derivatives and prediction markets, when someone put a bet on Crude touching $ 100 again after war was subsiding and Crude oil prices were settling at $ 70.
Lets see what happens again now that Oil prices are settling down lower !! #GlobalMarkets #IndianMarkets #CrudeOil
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