Eric Bolling
๐ค SpeakerAppearances Over Time
Podcast Appearances
Steve, it lasts 60 days only.
I mean, this could last a lot longer, 60 days only.
And we've handed Iran...
a war dividend of over $21 billion.
So this, everyone looks at it into like count intuitively.
You have to look at it because everyone looks at war in Iran.
We're hitting them.
We're degrading them, but we're also handing them, you know, a bank account to rebuild and rebuild the way they want.
That's why I believe the deal is,
A deal needs to be made fairly quickly with tight parameters.
That was me.
That was me.
It was five.
It was $5 a barrel to lift it 30, 40 years ago, sand, just pull it right out.
It pushes $30 a barrel now, maybe even a little bit higher.
So at 55, they're not making a massive, well, they're making good profit, not making a massive profit to fund their economy, because this is really, it's petrodollars that fund most of those Middle Eastern countries' economies.
At $120 a barrel, you're talking insane number.
Here, I'll do the math for you.
3 million barrels a day Iran produces right now.
And that's down from 7 or 8, which they have in the past, which means if they want to ramp it up, it could be a lot more.