The Iran Stalemate Could Be the Next Oil Supercycle Trigger

As one deadline for a peace deal in the U.S./Israel-Iran war passes another, the chance of no firm agreement being struck to end the conflict in the coming months is rising dramatically. There are good reasons why Washington under President Donald Trump may be perfectly happy to keep this conflict simmering as it is, including the effective closure of the world’s critical transit route, the Strait of Hormuz. There are also good reasons why Tehran under the Islamic Revolutionary Guards Corps (IRGC) might wish to do the same. So, it may be…