Oil prices don’t really tell us much any more about the state of war or peace

By SpLoT, Sudopeople

On January 3, oil prices spiked after Iran’s top general, Qassem Soleimani, was killed in a US airstrike at Baghdad’s airport on the orders of President Donald Trump. That they were near their highest level since mid-September, when attacks in Saudi Arabia took out a chunk of the kingdom’s production capacity said a great deal. It was a reflection of fears…