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Saturday, August 13, 2016

If Oil Prices Don't Rise, The Mideast Will Sink -- Contributor At The Street - August 13, 2016

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The one thing that appears certain, however, is the Middle East is on a path toward social upheaval that will make the Arab Spring pale in comparison, if oil prices don't at least start rising toward where they were before the collapse began two years ago.
I think we will know more in September after OPEC meets.

My 30-second soundbite: Iran is on the way up; everyone else in the Mideast (except Israel, a special case) is on the way down.

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