Whether it’s the intentional use of oil price to burst the housing bubble for conspiratorial purposes, or whether it’s simply that Iran leaves the U.S. no choice, an oil price that keeps rising is definitely more of a disadvantage than an advantage for Trump. However, with America’s Strategic Petroleum Reserve (SPR) all but depleted, this time it will be much harder than last time to suppress oil prices. In the end, after oil prices batter U.S. stocks and U.S. Treasuries until they can’t take it anymore, the U.S. will be forced once again to “cave in” and collude with Iran. And the China-U.S. leaders’ meeting at the end of the month just happens to provide an opportunity to give a way down the ladder and make a private deal. So oil prices probably won’t truly fall only after the midterm elections in mid-November, as Trump said. Keeping the U.S. under the torment of oil prices above 100 for two more months is just too hellish. If that really were the case, then risk assets should be shorted immediately now to hold until November... $CL #伊朗称已准备升级对美战争