Countdown To Energy War

The conflict with Iran over their advancing nuclear program has moved gradually toward severe escalation. Iran’s insistence to develop uranium enrichment facilities creates a supply fork. One tine extends legitimately to their electrical generating plants powered by enriched uranium. Another tine extends to a nuclear weapon arsenal, potentially. Russia has assured the West of its primary role to handle spent fuel, the key ingredient for weapon grade material. If the conflict ignites, expect a sudden $10 jump in the crude oil price, maybe even a $30 jump.