Looks like the increased prices of fuel is having a big adverse impact upon the stock market in the US and all global economies. Imagine Iran ceases supply of oil? Oil reaches $400US per barrel. Economies would crash worldwide.
Analysts have forecasted oil supplies will be over $200US per barrel in three months time. Expect to pay more for fuel , food and clothing. Growing worldwide demand for oil, blame India and China. Hard times are ahead.
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