Yesterday, prices passed the previous all-time inflation- adjusted record reached in 1981 when Iran cut oil exports.
Is is a paradox that the very same day the U.S. announces sanctions aimed against Tehran, oil is at its highest level since Iran cut exports in 1981 ? Is that why we have to remain in Iraq, to ensure that financial markets, investors, and consumers are not so adversely affected that a full-scale World War might become increasingly unavoidable ?
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