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The U.S. Warns Americans to Prepare to Leave the Middle East as Iran War Escalates
Yesterday (Friday, July 31st), U.S. Embassies in the Middle East put out their strongest warnings since the Iran War started that Americans should prepare to leave due to an escalation in the Iran war. The warnings now come from 10 countries in the Middle East where Americans live. Of course, we have heard all of this before, where threats were made to increase the war, or promises were made to negotiate a settlement. And each time the war in Iran becomes the main topic in the corporate news stream, the U.S. stock markets fall in line. In the current cycle, the price of oil per barrel dropped below $90 a barrel Friday, so perhaps this announcement, shortly after Netanyahu visited Trump in D.C., was designed to mainly increase the price of oil again, which in turn generally brings the Tech heavy NASDAQ down, since so much energy is needed to power data centers and AI. Now, Trump is capitalizing even more from being able to use his position in the White House to manipulate markets with news on the Iran War, by selling "early access" to his Truth Social posts for $100,000.
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