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David Woo: Why Israel’s Iran Strike & a Trump Win Are Bearish for Oil

Wealthion - Be Financially Resilient

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Geopolitical Shifts and Economic Forecasts

This chapter examines the anticipated decline in oil prices and analyzes the implications of political figures' actions on global oil production and demand. It discusses the potential effects of a Trump presidency on U.S. foreign policy and its relationship with Canada, along with the economic challenges facing the Canadian economy. Additionally, the chapter highlights the evolving dynamics between Russia, North Korea, and NATO, as well as the intricate geopolitical tensions involving Russia, Iran, and Israel.

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