Oil Industry Experts Sound The Alarm Over Impending Disaster
May 30, 2026
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51:42Now PlayingOil Industry Experts Sound The Alarm Over Impending Disaster
YouTube Description
as posted by the channelYesterday (May 29), Donald Trump announced that he was entering the situation room to make a final decision on a framework for negotiation with Iran.
The oil markets responded favourably to Trump's announcement by driving down the price of Brent crude to a six-week low.
Since Trump made his dramatic announcement, however, the White House has issued no statements about any decision. At this stage, there is little reason to believe that the United States and Iran are on the verge of a deal.
What does this mean for the price of oil and the global economy?
Dimitri Lascaris reviews recent statements by oil industry experts. What emerges from their commentary is that the price of oil is about to soar, and it is unlikely to return to its pre-war level ever again.
Daniel Davis interview of Art Berman
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