what will happen with oil prices
Iran has at least 14 oil tankers idling in the Persian Gulf, according to Bloomberg, prompting guesses that they are preparing for something military. But they could simply be having problems selling oil. And itâs not just Iran, says George Friedman of Stratfor.ll of the above factors have been obvious for a long time. Itâs much harder to argue that anything about the supply and demand picture has changed drastically enough in the past 12 months to justify the oil price doubling in that period.