Miner Company
Oil Prices Have Skyrocketed 66% Since the Iran War Began -- Is a Stock Market Crash Next?
West Texas Intermediate crude oil futures have spiked 66% in a little over one week, reaching as high as $111 per barrel, following the start of military actions against Iran. Historically, parabolic moves in oil prices have correlated with weaker consumer spending, higher inflation, and rising unemployment.
West Texas Intermediate crude oil futures have spiked 66% in a little over one week, reaching as high as $111 per barrel, following the start of military actions against Iran. Historically, parabolic moves in oil prices have correlated with weaker consumer spending, higher inflation, and rising unemployment.