Sam fell silent upon hearing this.
What Azawi said is true.
After the Iran-Iraq War, the country's strength had been depleted to a low level.
Rest and recuperation are the best course of action.
This also aligns with the current situation in Iraq.
For a long, long time.
Sam said in a deep voice.
“Azawi, I’m giving you a week. If you can’t convince Saad, I will definitely use war to show him that he can’t mess with just anyone. Once he does, the price he pays could very well be his life.”
"Okay, Sam."
Azawi nodded, hoping that the Kingdom of Kurt could see the situation clearly and not take the opposite side.
On the other side.
Inside a hotel in Tokyo.
"Boss, should we hedge some of our positions?"
During this period, international crude oil prices have been steadily rising, from $18.45 per barrel to $20.56 per barrel.
It rose by $2.11.
According to Chen Dong's account, with 30,000 long contracts, he has made a floating profit of $63.3 million in just this period.
It's incredibly profitable!
However, an international news item today has ignited the entire crude oil investment industry.
The Republic of Turkey announced that, starting from the 24th, it will increase its daily oil production by 1.2 million barrels, on top of current levels.
What does this mean?
Iraq's previous exports only reached 1.2 million barrels of crude oil per day.
If the US continues its actions, the price of international crude oil could very well return to pre-liberation levels.
It's important to understand that the logic behind this surge in crude oil prices is the maintenance of all oil well equipment in Iraq.
The market lacks exports of crude oil from Iraq, and this gap amounts to 1.2 million barrels of crude oil per day.
Chen Dong's account has 30,000 long contracts with an initial cost of $16.82. As of now, the account has a total unrealized profit of $112.2 million.
This is exactly what Wangcai is worried about.
......
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