The Houthi armed group’s attack on Saudi Arabia’s oil refinery is to further restrict the Gulf states’ energy exports, boost oil prices, and pressure the United States into making concessions.
It’s just bad news for Saudi Arabia’s Jazan refinery: it only recently announced that it would resume production a few days ago, and it was delayed until August 30—so now it’s likely to be delayed again before restarting.
The deployment of a new aircraft carrier to the Middle East by the United States is meant to demonstrate its military strength to Iran, enabling a long-term naval blockade of Iran and pushing Iran to back down as soon as possible.
So, in principle, for now both sides are using their advantages in diplomatic negotiations to suppress their opponent. And for us, what Iran is containing isn’t just the U.S.’s soft underbelly—it’s also the soft underbelly of many countries around the world.
When the issue is only about an individual or a single country, everyone just watches the show. But when the problem becomes one affecting the majority of people or most countries, then it’s no longer just a “problem”—it’s a full-blown crisis!
Sigh, poor me—my long position in WTI crude oil. Since I opened the trade, my funding rate has already reached 25% of the initial margin. It’s really unbearable! #美国7月CPI与PPI数据本周出炉
It’s just bad news for Saudi Arabia’s Jazan refinery: it only recently announced that it would resume production a few days ago, and it was delayed until August 30—so now it’s likely to be delayed again before restarting.
The deployment of a new aircraft carrier to the Middle East by the United States is meant to demonstrate its military strength to Iran, enabling a long-term naval blockade of Iran and pushing Iran to back down as soon as possible.
So, in principle, for now both sides are using their advantages in diplomatic negotiations to suppress their opponent. And for us, what Iran is containing isn’t just the U.S.’s soft underbelly—it’s also the soft underbelly of many countries around the world.
When the issue is only about an individual or a single country, everyone just watches the show. But when the problem becomes one affecting the majority of people or most countries, then it’s no longer just a “problem”—it’s a full-blown crisis!
Sigh, poor me—my long position in WTI crude oil. Since I opened the trade, my funding rate has already reached 25% of the initial margin. It’s really unbearable! #美国7月CPI与PPI数据本周出炉