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Middle East is starting to have issues. This will impact oil prices.
by alecco 5y ago
Middle East is starting to have issues. This will impact oil prices.
- px43 5y agoI don't think that the people experiencing poverty and hunger in the middle east have any relation to anyone in the oil industry there.
- orwin 5y agoHistory doesn't agree with you. Last time the middle-east and Maghreb got hungry, it was 2011. The Arab spring wouldn't have come if it weren't for food riots.
- px43 5y agoIn what way was Arab spring correlated with oil prices? https://www.macrotrends.net/1369/crude-oil-price-history-chart https://www.macrotrends.net/1369/crude-oil-price-history-cha...
- unmole 5y agoIf anything, high oil prices will allow governments in the region to subsidise food. Saudis have already started to help out Egypt. They definitely don't want the regime collapsing.