Iran is preparing its next budget under an extreme assumption.
The government is considering a scenario in which oil revenues are close to zero.
Since August, they have not loaded a single barrel of crude oil.
The oil reserves they had at sea fell from nearly 90 million barrels to nothing in just three months.
This is a radical change for an economy that depends entirely on those exports.
This situation adds considerable uncertainty to the global energy market and to the movement of $XAU as a safe-haven asset.
Did you imagine that its reserves would fall so quickly?
#Iran #Petroleo #XAU
The government is considering a scenario in which oil revenues are close to zero.
Since August, they have not loaded a single barrel of crude oil.
The oil reserves they had at sea fell from nearly 90 million barrels to nothing in just three months.
This is a radical change for an economy that depends entirely on those exports.
This situation adds considerable uncertainty to the global energy market and to the movement of $XAU as a safe-haven asset.
Did you imagine that its reserves would fall so quickly?
#Iran #Petroleo #XAU
