President Trump is stepping up his attack on Iran.

The point here is to begin dropping oil prices now that the U.S. has blown out Turkey’s finances.

Now that Trump’s U.S. economy is threatened by high energy costs, he’s looking to improve that situation while also putting a strain on Iran’s finances through the double whammy of losing not only up to 1 million barrels of production per day but also getting $20-25 less per barrel.

Turkey is a net energy importer and $75+ per barrel oil is a huge drain on its finances at a time when its currency and bond markets are under serious pressure from a strengthening U.S. dollar.  Don’t think for a second the Turkish lira wasn’t helped in its fall. This is a classic hybrid war attack on a country not playing by U.S. rules.

https://tomluongo.me/2018/06/06/pressure-iran-lower-oil-prices/