The price of oil is at $78 per barrel and dropping... [View all]

There was a report a week or so ago that our reserve was near empty. The price of oil seems to be at the top of the agenda with the war in Iran. The reserve must be restored.

A report this morning stated that during the "blockade" of the Strait of Hormuz, Qatar had made a secret deal with Iran, to ship oil secretly thru the Strait, with the help of the US. The purpose was to ease the price of oil on the market. This was probably the "125 million barrels" that Hegseth was bragging about a few days ago?

The price of oil seems to be driving the military actions in that area? As soon as the reserves are replenished and the market is stabilized, will we repeat the cycle once again?

Of course, the price of oil is very important to the political fortunes of Trump and the Republicans in our country. In my opinion, this is the perspective we must maintain until the hostilities end or the election is over.