image credit: Pxhere

Middle East Tension Will Bring More Oil Market Speculators And Yet More Barrels

January 6, 2020

Via: Forbes

In the small hours of Friday (January 2) morning, the global oil market got its first geopolitical jolt of 2020 after a U.S. airstrike in Iraq took out Qasem Soleimani, an Iranian General of the country’s Islamic Revolutionary Guard Corps, and commander of its Quds Force, a division primarily responsible for extraterritorial military and clandestine operations.

Soleimani’s killing marked the most high profile political assassination in the region since that of another Iranian protégé – Lebanese Islamic Jihad Organization’s founder and then Hezbollah’s second-in-command Imad Mughniyeh in 2008; a man widely thought to have masterminded U.S. embassy bombing in Beirut, Lebanon in 1983, and described by none other than Soleimani as “the legend of our time.”

Read More on Forbes