Persian Gulf Exposures
This threat comes at a touchy time in global economics. My long-publicized prediction of recession will come true if crude oil price move over $100/B.
This threat comes at a touchy time in global economics. My long-publicized prediction of recession will come true if crude oil price move over $100/B.
With spot rates, it is as if the facts were a matter of perspective. They appear again as deviations from the underlying trend.
The magnitude and clarity of this threat suggest that, at a minimum, you do active monitoring of diesel supplies and much more planning than normal.