1 - US oil and gas companies make money as oil proces rise. The US is the largest producer in the world.
2 - China loses it's major source of oil and gas.
3 - Iran gets neutralized. It may not look like it now, but it will probably end up that way.
For one, this would be the end of the Petrodollar and with it the ability to have huge trade deficits siphoning more than 1 trillion in goods and services from the rest of the world in exchange for fancy green paper.
Otherwise, 1) and 2) are true, Europe is bleeding through the nose with buying US oil and depending on its current antagonist, not smart long term situation that we need to move away asap.
Somebody in US government is making literal billions on shorts and various trade deals just before major announcements keep happening, those are not that hard to see in markets. Current top public bet on this is trumps family and his close coworkers, and their families. If you ever want a witch hunt on traitors and collaborators against US citizens and society, smart up, forget Wall street and just follow those money very directly to culprits.
Just a massive strategic blunder, one for the history books.
Any minor damage to China is tiny compared to the strategic loss America has undergone here
Its a win for me laughing at Americans spending more on oil based products.
>China loses it's major source of oil and gas.
Its like 12% of Chinas Oil. China is 90% of Irans oil market. I think people get this around the wrong way.
>Iran gets neutralized. It may not look like it now, but it will probably end up that way.
Why is death and economic destruction a good thing? Like 99.99999% of these effects are worn by iranian citizens, not their government.