It's time we had some more regularly cycled megathreads for conspiratorial happenings that remain in the news cycle for longer than a week or so. I think this Suez Canal business qualifies.
Feel free to dump all relevant info into this thread...high octane speculation is encouraged!
Oil futures were immediately effected. Its a major oil route that feeds Europe and the US.
The major blow? To Iran of course. They can’t get their oil shipped to Europe. https://en.m.wikipedia.org/wiki/Persian_Pipeline Who has a major interest in screwing with Iran?
Israel and the Central Banks.
France, Italy, Spain and Greece all buy massive amounts of crude from Iran. Now they will have to ship it all the way around Africa or find a new source because Saudi oil is also blocked with no pipeline.
Perhaps this is a ploy to demonstrate the need for multinational pipelines in the middle east.
Good they can buy American oil.