AR Danish

I have just spoken with the Emir of Qatar and President Trump following the strikes that hit gas production facilities in Iran and Qatar today. It is in our common interest to implement, without delay, a moratorium on strikes targeting civilian infrastructure, particularly energy and water supply facilities. Civilian populations and their essential needs, as well as the security of energy supplies, must be protected from military escalation.

🇮🇷🇺🇸🇨🇳 The Strait of Hormuz closure looks like a global crisis, but the U.S. isn't really the one getting crushed. Prices go up, sure. But the U.S. only uses 20% of global oil and it's a net exporter. So U.S. oil companies are making serious money instead. We're talking up to $63B in extra revenue if prices stay high. ExxonMobil, Chevron, Devon, ConocoPhillips are all eating. Defense stocks popped instantly. Lockheed, Northrop, RTX jumped 4-6% in a day. That's $25-30B added just like that. U.S. oil firms raised $3.5B this month alone. Biggest fundraising in 6+ years. Meanwhile China imports 70% of its oil. Every price spike hits them way harder. So why would Trump rush to fix something when others are feeling it more? Now he's asking countries to help reopen Hormuz, but they need it way more than the U.S. does anyway. That's the leverage. Source: William Spaniel YT, Bloomberg, Seeking Alpha, European Business Magazine