What if Israel attacks Iran’s oil industry? Peter Zeihan’s take

 

Global geopolitical observer Peter Zeihan has a take on what might happen should Israel attack Iran’s oil sector in retaliation to Iran’s missile attack.

He suggests that since Iran’s oil exports hover around 1 million barrels a day, should Iraq attack, it would likely mean a $10-15 increase per barrel.

“Not a global catastrophe, but it will still hurt.”

Click below for his commentary

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