HomeBlogUncategorizedOil price support on Iran retaliation likely to include mines in the Strait of Hormuz

Oil price support on Iran retaliation likely to include mines in the Strait of Hormuz

Various sources:

If the US joins military attacks against Iran, retaliation may include

the laying of mines in the Strait of Hormuz targeting of US military bases in the Gulf

Upward pressure on oil prices would not appear to be going way any time soon:

Technical analysts will be pointing to a potential triple top not too far way – comments welcome!

This article was written by Eamonn Sheridan at www.forexlive.com.


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