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YGRN - Action In The Crude Oil Market - More To Come
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
The calm of the summer months in the Middle East ended last weekend as drones strategically struck at the heart of Aramco's oilfields in Saudi Arabia. After several incidents in and around the Straits of Hormuz, things went quiet, for a few short weeks.
The recent departure of John Bolton from the Trump administration raised hopes that a meeting between President Trump and the leadership of Iran could occur. French President Macron worked on setting the stage for a sit down at the G7 meeting. As National Security Director, Mr. Bolton was a hardliner when