What does it mean for the price of oil (gold)?
here we have part of an answer
a- Is war good or bad for oil?
It's hard to answer that ..
(but, I'm pretty sure) Middle East war ----> Oil to hit $ 150
Target-1 = $ 100
Target-2 = $ 150
Target-3 = $ 300 (Possible and probable)
b-Why didn't gold prices rise during the US-Iraq war? (March 20, 2003- 26 days)

Does war always cause gold prices to rise?
not necessarily (Iran's missiles cannot reach US)
here we have part of an answer
a- Is war good or bad for oil?
It's hard to answer that ..
(but, I'm pretty sure) Middle East war ----> Oil to hit $ 150
Target-1 = $ 100
Target-2 = $ 150
Target-3 = $ 300 (Possible and probable)
b-Why didn't gold prices rise during the US-Iraq war? (March 20, 2003- 26 days)
Does war always cause gold prices to rise?
not necessarily (Iran's missiles cannot reach US)
Note
Brent Crude Oil- Here is where I have to be straight with you !(Trump, 17 June 2026) Trump said "the U.S. was taking ships out every night that you didn't even know about. Two days ago, three days ago, a month ago we took out 22 ships. We averaged from 15 to 25 ships a night. Nobody knows that
That is why oil did not reach $300 per barrel
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
