A well planned strategies by United States? No Ban Oil from Russia
Inflation is the main issue for the US market, while FED has play a large role in control the inflation rate. But suprisingly yesterday US alone may want to ban oil from Russia. What's kind of strategies playing around here? As due to this, we can see a spike in oil price yesterday and create another wave of panic selling. Today, they going to confirm whether to really ban oil from Russia. Politicians may concern on the figure, the overall cost of inflation are passing back to consumer, which is very bad with current inflation rate. If this not manage well, it may cause recession soon. Therefore, if I am in the position, I will not letting this happen. Also got a good sake so that it wouldn't affect the coming election.
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