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[littlejohn]

Biden allowed Iran oil sales to triple

to China in his 1st year in office

versus Trump last year in office...

https://www.unitedagainstnucleariran.com/blog/analysis-of-iranian-oil-sales-under-president-trump-vs-president-biden#:~:text=In%202020%2C%20under%20President%20Trump,billion%20of%20oil%20to%20China.

And the increased money flow has

set up the powder keg now...

https://www.cnn.com/2024/01/17/middleeast/iran-missile-attack-pakistan-intl-hnk/index.html


Patient, big accumulation in the oil

sector now at lower prices hints that

many expect it to get worse...

Otherwise, there would be much more

volatility in oil price and oil company

prices for traders to profit on...

The low oil price looks like a bad sign...

Big money traders aren't passing on

trading profits now unless they are

expecting a bigger windfall later...


So we watch...LJ