Let's not overlook the drop in oil prices and visit those sad governments that depend on oil for their livelihood, eg. Russya, Iran, Saudi Arabia, UAE, Libya, Venezuela, and a few others. We know that Russya and the Saudis are fighting over production amounts: increase? decrease? stock up? Oh, my. It's so sad for these poor folks: rich in oil, poor in EVERYTHING else. Given that Russya and Iran are under sanctions for various breeches of the international order, not one of them can expect the least sympathy from abroad(US, EU, UK, etc). Which brings us to the subject of Iran. The coronavirus is slamming thaT COUNTRY AND ITS POPULATION hard. With limited funds available, the health services sector is already reeling from the numbers of sick individuals. Perhaps the Ayatollah will seek some assistance from the infidels. Perhaps he'll soften his approach to international support of terrorist organizations. Perhaps they will stop funding Palestinian terrorists; perhaps they stop funding Hezbollah in Lebanon. Perhaps not. They are hard headed, to say the least.
But there's no hope for a bounce in oil prices: not when everybody is told to stay home. Think of the cancellations: billions of dollars in lost revenue for all forms of transportation.
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