Kharg Island

Will the US try to take over Kharg Island? Crude oil would soar above this week’s high and take the grain markets with it.  This could be a bloody takeover for the US Marines involved. However, if successful, it would shut off 90% of the oil revenue that Iran’s government has coming in, and likely lead to a ceasefire. No money, no missiles and a possible temporary ceasefire. 

Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.