Chapter 134 The Consequences of the International Oil Price Crash!



Hedging!

"Thinking of this," Azawi said.

"Sam, I have a proposal."

"We are entering the international crude oil futures market, and crude oil prices have been consistently low."

"Once you and other OPEC members reach a production cut agreement, international crude oil prices will inevitably rise."

"Not only can we make a fortune in the financial markets, but the increase in oil prices will also multiply our profits from exporting crude oil."

Sam's eyes lit up upon hearing this.

"Just as you said, right now, immediately, go and establish long positions in crude oil. I'll head to another country immediately."

"Wait, Sam!"

Azawi looked troubled and paused for a few seconds before speaking.

"Sam, the Treasury is out of money."

"Um?"

Sam, somewhat incredulous, repeated Azawi's words and asked a question.

"You mean the Ministry of Finance is out of money?"

Faced with Sam's piercing gaze, Azawi could only grit his teeth and nod in agreement.

This is the worst news!

This is the first time a fiscal crisis has occurred since Sam took office.

"Has the military's financial allocation for the second half of the year been disbursed?"

"not yet!"

As soon as he finished speaking, Azawi was stunned.

Does Sam want to use military funds?

"Sam!"

Sam waved his hand, interrupting him directly.

"No need to say anything more, just do as I say. Remember, success is the only option, failure is not an option."

"In addition, I will immediately set off for other OPEC member countries to negotiate on matters such as oil production cuts."

"As for futures, that's up to you."

"Okay, Sam!"

With things having come to this point, Azawi had no choice but to agree.

In the Kingdom of Lak, Sam is like a god, with an unshakeable position and a voice.

Once Sam makes a decision, it's almost impossible to change it.

This is the advantage of centralized power, but it's also where it becomes a target of criticism.

Because if there is a mistake in decision-making, it is essentially gambling with the entire country.

......

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