Iraq has shut down some oil wells. As have Kuwait, Qatar, Bahrain, the Emirates and Saudi Arabia. Qatar has also shut down is gas wells and the process ‘trains’ needed to liquefy natural gas. All this because of the virtual closure of the Strait of Hormuz and because of potential missile and drone attacks on … Continue reading War On Iran – Oil Prices Lag Supply Deficit – Arab’s Won’t Fight Iran – Khamenei Son Succeeds Father