I am having confusion right now. The currency is becoming stronger but the retaliation goes with the inflation and the oil prices are about to increase next week. So, it's a double pain for all of the people of the world who lives in a not self sufficient country. Those that imports their oil and comes from that area where it goes through the Hormuz strait. The dollar's value might increase but the same goes for everything that we consume as it requires oil for transportation, another impact of high inflation. The situation will worsen if the war continues much longer, since oil exporting countries can currently use their reserves to continue supplying the global market. (Except for USA who benefits from the Venezuila oil) That's why we still witness a small increase in oil price which expected to reach recorded levels after just two to three weeks of continious war. I don't think that the price increase is just small. It's all over the news that a barrel can be $100 from the current price that it is right now of $84 for a Brent oil. That almost 20% of increase isn't that small and that impact is going to be big for everything globally due to the usage of oil from logistics, etc. But aside from that, you're right that the situation can be worsen if this war becomes longer and since Iran doesn't want to have ceasefire and talks. It's like them talking that USA and Israel started this, and they're the ones that going to end it without looking back.
I am having confusion right now. The currency is becoming stronger but the retaliation goes with the inflation and the oil prices are about to increase next week. So, it's a double pain for all of the people of the world who lives in a not self sufficient country. Those that imports their oil and comes from that area where it goes through the Hormuz strait. The dollar's value might increase but the same goes for everything that we consume as it requires oil for transportation, another impact of high inflation. The situation will worsen if the war continues much longer, since oil exporting countries can currently use their reserves to continue supplying the global market. (Except for USA who benefits from the Venezuila oil) That's why we still witness a small increase in oil price which expected to reach recorded levels after just two to three weeks of continious war. I don't think that the price increase is just small. It's all over the news that a barrel can be $100 from the current price that it is right now of $84 for a Brent oil. That almost 20% of increase isn't that small and that impact is going to be big for everything globally due to the usage of oil from logistics, etc. But aside from that, you're right that the situation can be worsen if this war becomes longer and since Iran doesn't want to have ceasefire and talks. It's like them talking that USA and Israel started this, and they're the ones that going to end it without looking back.

I am having confusion right now. The currency is becoming stronger but the retaliation goes with the inflation and the oil prices are about to increase next week. So, it's a double pain for all of the people of the world who lives in a not self sufficient country. Those that imports their oil and comes from that area where it goes through the Hormuz strait. The dollar's value might increase but the same goes for everything that we consume as it requires oil for transportation, another impact of high inflation. The situation will worsen if the war continues much longer, since oil exporting countries can currently use their reserves to continue supplying the global market. (Except for USA who benefits from the Venezuila oil) That's why we still witness a small increase in oil price which expected to reach recorded levels after just two to three weeks of continious war. I don't think that the price increase is just small. It's all over the news that a barrel can be $100 from the current price that it is right now of $84 for a Brent oil. That almost 20% of increase isn't that small and that impact is going to be big for everything globally due to the usage of oil from logistics, etc. But aside from that, you're right that the situation can be worsen if this war becomes longer and since Iran doesn't want to have ceasefire and talks. It's like them talking that USA and Israel started this, and they're the ones that going to end it without looking back.

I am having confusion right now. The currency is becoming stronger but the retaliation goes with the inflation and the oil prices are about to increase next week. So, it's a double pain for all of the people of the world who lives in a not self sufficient country. Those that imports their oil and comes from that area where it goes through the Hormuz strait. The dollar's value might increase but the same goes for everything that we consume as it requires oil for transportation, another impact of high inflation. The situation will worsen if the war continues much longer, since oil exporting countries can currently use their reserves to continue supplying the global market. (Except for USA who benefits from the Venezuila oil) That's why we still witness a small increase in oil price which expected to reach recorded levels after just two to three weeks of continious war. I don't think that the price increase is just small. It's all over the news that a barrel can be $100 from the current price that it is right now of $84 for a Brent oil. That almost 20% of increase isn't that small and that impact is going to be big for everything globally due to the usage of oil from logistics, etc. But aside from that, you're right that the situation can be worsen if this war becomes longer and since Iran doesn't want to have ceasefire and talks. It's like them talking that USA and Israel started this, and they're the ones that going to end it without looking back.