But the strikes against Iran that began Feb. 28 have, for the moment, crushed that narrative. Prices at the pump have jumped 19% over the past month to a national average of $3.45, according to AAA. The investment bank Goldman Sachs warned in an analyst note that, if higher oil prices persist, inflation could rise from its 2.4% reading in January to 3% by the end of the year.
Изображение: Stringer / Reuters
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These isolated volume explosions—visually evident in the accompanying oil futures chart—proved particularly puzzling absent any major public news catalysts. The mystery dissolves when considering the evident explanation: Individuals with presidential access leveraged confidential knowledge for instantaneous financial windfalls.
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