Saagar
π€ SpeakerAppearances Over Time
Podcast Appearances
You've got all of the gas and the energy, which powers all of our homes, LNG prices, oil, natural gas, like the spot price on those, trading up.
Jet fuel, $200 a barrel in Singapore as of today.
If you want to fly anywhere, and if you don't want to risk flying through the Gulf and getting hit by a stray Iranian missile this summer, good luck.
Seriously.
I
It's bad.
And then final thing here is the Houthis, which is what would really send this to the stratosphere.
Because what we have right now is a situation where the streets of Hormuz are closed, but the Red Sea remains relatively open.
We've seen one strike there, but we have not seen a sustained campaign.
Well, the Houthis are now declaring that not only are they entering the war...
Let's put A9 and take a listen here from Al Jazeera about the Houthis' official declaration that they are in it with only initial strikes yet so far on Israel, potentially holding back some of the strikes that they need to to fully close and choke off all of the world's oil from the Middle East.
Let's take a listen.
So you can see that declaration they're saying and willing to be able to get into the war.
It would completely choke off Saudi Arabia.
And that would easily send oil to $200 a barrel.
$8 a gallon.
That's what it would look like.
This is what, I mean, yeah, this is what it all looks like.
Everything, the table is set.
And clearly, if we could destroy and eliminate all Iranian missiles, we would have already done it.