The more Bao Junyi thought about it, the gloomier his expression became.
The business world is like a battlefield, with endless conspiracies and intrigues. It is also the most common war without the smoke of gunpowder.
After Bao Junyi arranged to sell the stocks, he waited for the situation to change.
Now that everything has been planned in advance, the new Audi prototypes have been produced and are now being sent to various countries for field testing in different environments.
Time passes.
In the following month, the international situation was tense and local unrest continued.
It is mainly concentrated in the Middle East, where border frictions between countries continue and small-scale conflicts often break out.
In this environment, local tensions continue to escalate.
October 16th, morning.
The Fourth World War breaks out in the Middle East.
At the same time, the oil-producing countries in the Middle East jointly announced a reduction in oil exports, and OPEE implemented export restrictions on certain regions.
The world was stunned by the sudden war.
The first reaction was in the oil prices in various countries, which rose directly from the original 1.8-3 US dollars per barrel to 6.8 US dollars per barrel. This is just the beginning.
During this oil crisis, crude oil prices rose from $3 per barrel to a historical short-term high of $13 per barrel.
The stock market also reacted immediately. Stock prices in various countries plummeted. Many stocks that had been rising well turned around and went down all the way. Many stocks were cut in half that day.
Secondly, the real estate markets in various countries reacted with a delay, starting with a small decline. As time went on, the rate of decline continued to increase, and the final decline was between 30% and 50%, with only a small portion of the market maintaining its value.
However, hedging products are another scenario, with a large amount of funds pouring into products with high hedging properties such as gold and silver.
When the Middle East War broke out, the price of gold rose slowly from $89 to $100 per ounce, and is still rising.
Silver also follows the price trend of gold, continuously reaching new highs.
This was one of the three major oil crises in the second half of the 20th century. It had a significant impact on the global economy, especially on developed countries such as Europe and the United States. This crisis also made them realize the importance of oil.
As a result, many countries joined in and bought the remaining oil shares.
It also drives oil prices to new highs.
Over time.
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