“Mercury Rising”: Here Are The 4 Mideast “Flashpoints” Markets Should Fear
Since a Saudi-led alliance sought to ostracize Qatar earlier this month, we've been keen to note that the geopolitical and economic implications are probably far more serious than most market watchers realize or care to think about.
The concerted effort to isolate Qatar is a perfect example of a geopolitical event that has the potential to create all manner of adverse market outcomes by further destabilizing an already unstable region at just the wrong time.
The spat between Qatar and the Saud
I’m not worried because Jarred can clean up the mess you would see in a natural bat cave.
You beat to the Jared joke, well done. Remember our “good old friend” Russia is just laying in the weeds willing to do just about anything to push oil higher. The Saudi”s are waiting with the match already lit, willing to start any oil war it can (the oil princes need another golden toilet or something). This is going to happen especially if the price of crude continues down, there is way too much $$$$$$, ego and power involved for it not to.