BRYFF - Oil Toil And Trouble
Middle Eastern geopolitics are once again taking the forefront and impacting oil prices. Most recently the US, France, and the United Kingdom launched a missile attack on three Syrian chemical warfare locations in response to a purported Syrian Assad backed chemical attack in Douma, Syria.
Source: New York Times
This and rhetoric coming out of the White House which includes both suggestions of sustained efforts in Syria, and specifically calls out Russia and Iran for tier support of the Syrian Assad regime, could lead to further escalation. It also makes it seem unlikely the President