COM - Mideast Mayhem: What You Need To Know About The Impact On Oil
2024-04-15 08:30:41 ET
Summary
- Iran launched a direct attack on Israel with over 300 drones and missiles, marking a significant escalation in the conflict.
- Iran's attack had a 99% interception rate, with only one ballistic missile hitting its target.
- The attack highlights the ongoing geopolitical tensions in the Middle East and raises concerns about the impact on the global economy and oil prices.
Introduction
On April 12, I wrote an article covering my entire portfolio. I started the article by explaining that I'm a "big picture" guy, implementing supply chains, macroeconomics, and (geo)politics into my research framework.
Leo Nelissen (Investment Framework)
Most of my articles are about macroeconomic developments and/or supply chains.
Although politics is always a driving force, I do not often write articles focused on political developments. That's based on a number of reasons, including transparency issues.
For example, while stock-listed businesses are obligated to frequently update shareholders using the latest financial numbers and business developments, politicians are in a different boat....
Mideast Mayhem: What You Need To Know About The Impact On Oil