MRM 0.00% 33.0¢ mma offshore limited

My take on it is Iran has vowed to destroy the house of Saud ,...

  1. 443 Posts.
    My take on it is Iran has vowed to destroy the house of Saud , and at the present moment they are in a precarious position . With four wars on their boarders and oil revenue down the drain , it is possibly right that Putin sees a weakness here . It would take a far superior brain than mine to untangle the Geopolitical mess in M.E.. It also appears that there is a shift in loyalty towards Russia from some of the Saudis traditional allies . But who could ever trust an Arab anyway ? Furthermore the confirmation that neither the Russians or Saudis could sustain the level of production that they have agreed to freeze , would confirm Goldman Sachs take that a much larger amount of oil production will disappear than anticipated . I mean all of this has to play out . But if you wake up one morning and hear that the house of Saud has fallen and the Saudi royal family is in exile , well I wont be surprised ....... I watch and learn with great anticipation....
 
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