Read more on this subject: Iran
News Story Source: https://www.zerohedge.com
Well, we didn't have to wait long for 'John Wick: Chapter Portobello' to begin, did we? Brent crude spiked 4.5% before giving up around half of those gains as a further two oil tankers–one Norwegian, one Japanese–were attacked in the Straits of Hormuz, forcing the evacuation of both vessels; that as Japanese PM Abe sat down with the Iranian government to try to dial down tensions with the US – and as the leadership refused to accept any message from President Trump.
The US have now accused Iran of attacking the two ships, which follows on from two other recent tanker attacks, drones hitting Saudi oil pumps, and a missile hitting a Saudi airport this week. The easy market response was long oil, obviously, as well as a 'Risk Off' further leg down in bond yields. But who did this and why? And what does that say will happen next? Logically, it was either Iran, or the US, or a third party:
Iran is suffocating under US sanctions, a known instigator of such a
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