While all the attention is on Russia, Israel is under a pretty serious cyberattack (believed to be coming from Iran), a bunch of ballistic missiles were fired at Iraq (by Iran, because they claim the Israelis are working from there), the Israeli's hit Syria with missiles last week because Syria is an Iranian puppet from which attacks are made on Israel, and it just came out this past weekend that there was a huge strike on drone bases in Iran about a month ago (suspected of being a pre-emptive attack by Israel).
Macroeconomically ... Iran, like Russia, is much tamer when oil prices are low. They're not, and they're going up. Expect more of this.
The Israeli's don't need an excuse: Iran has made public announcements for years that they intend to liquidate Israel. They take dictators at their word.
Oh ... and ... Saudi Arabia and the U.A.E. snubbed Biden's oil outreach last week. Hmmm. Do you think they might be doing that because oil prices are high (so they're flush with cash), and the Biden administration has been mending fences with Iran (which has been picking fights with the Arabs too)?
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