Search Results for: Michael Snyder

For the moment, we have avoided a global economic cataclysm. President Trump was threatening to completely destroy Iran’s power grid if the Iranians did not reopen the Strait of Hormuz, and in response the Iranians were threatening to destroy oil and gas infrastructure all over the Middle East. Once that infrastructure is gone it would … Read more

After this week is over, there may be no turning back. President Trump is literally threatening to “obliterate” Iran’s power grid, and the Iranians cannot do a thing to prevent that from happening. But in response, the Iranians are threatening to destroy oil and gas infrastructure all over the Persian Gulf. The Iranians have already … Read more

When this war with Iran erupted, everyone knew that it would have an impact on the global economy. But very few anticipated that it would be this bad. We are facing the worst oil disruption in history, the worst natural gas disruption in history, the worst helium disruption in history and the worst fertilizer disruption … Read more

Prior to the war with Iran, the world had more than enough oil and gas, and as a result it was very inexpensive. Now we have transitioned into a time when that is no longer true at all. Both sides in this war are now specifically targeting oil and gas infrastructure, and that is going … Read more

If commercial traffic through the Strait of Hormuz remains paralyzed for months, we will witness a global food crisis on a scale that many experts would have once considered to be unthinkable. Over the past couple of weeks, there has been much written about how the closure of the Strait of Hormuz has caused the … Read more

Almost 40 years ago, a seemingly meaningless interview eerily foreshadowed what is happening in the Middle East right now. What I am about to share with you is absolutely amazing, because it shows that the threat that Iran poses was very much on Donald Trump’s mind even when he was a young man. Now he … Read more

A worst-case scenario could be just weeks away. Traffic through the Strait of Hormuz has been essentially paralyzed by the war with Iran, and there is a lot of speculation that the Houthis could soon bring commercial traffic through the Red Sea to a screeching halt. If such a scenario actually materializes, it would be … Read more

Global financial markets are starting to shake, and it is because of what is happening in the Middle East. At this stage, every day is a rollercoaster ride for investors, and that is not likely to change any time soon. The Iranians have paralyzed traffic through the Strait of Hormuz, and trying to reopen it … Read more