HomeBlogUncategorizedUS Energy Secretary Wright: Iran operations to take weeks, not months

US Energy Secretary Wright: Iran operations to take weeks, not months

Iran operations to take weeks, not monthsNavy escort will happen relatively soonEscorts can’t happen nowHormuz tanker escort likely by the end of the monthYou will see US working with other countries to reopen the Strait of HormuzShort term disruption is needed for long term securityRussia is not getting sanctions relief

In two days it’s going to be already two weeks since the US-Iran war started, and it’s hard to see a quick end to it at this point. Markets have been the best tool to change Trump’s policies as we’ve seen time and time again last year with tariffs.

We saw a partial fold from Trump on Monday when oil prices jumped to triple digit levels and stock markets fell into new weekly lows, but it wasn’t enough to end the conflict.

The optimism has already faded and who knows, maybe another run to triple digit oil prices and new lows in stock markets will finally force Trump to de-escalate for good.

This article was written by Giuseppe Dellamotta at investinglive.com.


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