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Oil may surge above $150 a barrel without warning, Chris Martenson warns
Chris Martenson suggests that Iran is strategically waiting for the U.S. to deplete its resources as global oil markets face potential disruption.
He believes that when oil prices suddenly surge to $150, $200, or even higher, the impact will be far more severe than most anticipate.
Martenson previously noted that U.S. oil output rose only modestly as weekly draws approached 8 million barrels, warning of likely price increases for consumers in a recent report. He has also addressed risk protection for Bitcoin, stating that crypto advocates' warnings are now evident in the current landscape, according to a separate analysis.
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