- Wall Street was set to open lower on Monday as the weekend attack on Saudi Arabian oil facilities knocked out 5% of the world’s supply, sparking concerns over global economic growth and heightening tensions in the Middle East.
The attack on the world’s biggest oil exporter sent oil prices up as much as 20% before they eased off their peaks as U.S. President Donald Trump authorized the use of the country’s emergency oil stockpile to ensure stable supplies. [O/R]
Nixon froze gas prices---let that sink in
simple but powerful illustration of the consequences. you can be a billionaire also in this way, i mean loosing much money. like i always say the business have 2 faces. destroy to rebuild, or invest to improve. anyway.
if you want to find out who was behind the attacks maybe look at who made really big plays in energy stocks recently