Jody Chudley : "If you wake up tomorrow and oil prices have spiked to $100 per barrel, here is what will have happened."
You will find out that a long range Burkhan – 2H missile will have directly hit the Saudi Royal Palace in Riyadh. The reaction to this missile will be swift and severe.
Within the hour Saudi Arabia will have declared war on Iran. And within 24 hours the Saudis will have retaliated through a direct attack on Iran.
Once that happens, all bets are off as to how high oil prices go…
The initial spike to $100 per barrel would just be the beginning. Between them, Iran and Saudi Arabia produce roughly 14 million barrels of oil per day...
Source:dailyreckoning.com