In Case You Missed it…the price of oil is still on the rise to the point where it’s up OVER 22% in the month of July.
Gee!
With all the increased bombing from USA/Israel’s Neocons who woulda thunk it would push oil back up?
And with Iran expected to expand the war throughout the Middle-East you can bet heavily on oil prices continuing to rise.
Knowing that the Presstitutes are forbidden to publish the truth, we are led to believe that (for the umpteenth time) we are winning the war against Iran.
Unfortunately, the Israel/US Neocons are fighting a war of aggression that it can’t win on the other side of the world – this is the third attempt to defeat Iran – and it will fail also.
Meanwhile, Iran is fighting a war of attrition (BIG DIFFERENCE) by forcing the war mongers in DC/Israel to use up most of their artillery while Iran supposedly has 70% of their missiles intact.
Again, what most of the Presstitutes fail to report is that Iran has issued a warning that key airports and ports in the United Arab Emirates should be evacuated if the United States launches further strikes on Iranian civilian infrastructure.
There is a statement, carried by Iranian media, that specifically mentioned Dubai International Airport, Abu Dhabi International Airport, Fujairah Port and Jebel Ali Port.
Military adviser to Iran’s Supreme Leader, Mohsen Rezaei, stated that if U.S. attacks continue, Iran will move from retaliatory strikes to an “offensive and destructive” phase, potentially deploying ground forces and expanding the war’s scope.
Translation: We’re gonna need a bigger War Machine.
Still on the Rise
So, what’s all this have to do with the price of oil?
In a word…EVERYTHING!
The US has not only gained nothing from this “Excursion” (how Trump originally described it) but has lost the mantle of Hegemonic power and simultaneously compromised the Petrodollar.
This is addition to unifying and strengthening the BRICS…who also now realize that there is no international rule of law…and that “Might is Right.”
An old George Carlin saying comes to mind here:
