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Oil Prices Drop: What the Heck Is Going On?

https://themoneygps.com/ today's video I'm going to explain Wall Street banks break records as drives trading boom we have to start answering the question asking the question first qui bono or who stands to gain this right here is one interesting one JP Morgan Chase city group and Wells Fargo reported more than 25 billion dollars of profits in the first quarter this comes at a time in which we've had so much volatility and what do the financial industry and you know all of the intermediaries what do they love they love volatility it makes them rich it sucks for you it sucks for me but it's great for them they reported the highest ever revenues from his trading business and net income for the bank that was second only to 2024 yes that's what they are getting you you get higher inflation you you have to go to the pump and pay significantly more you the individual your electricity prices continue to go up up up up and yet none of the good stuff seems to be going up Iran threatens to disrupt shipping in the Red Sea unless the US lifts or moves blockade they're saying no no stop with the blockade or we're going to make it a lot worse the Red Sea you have two choke points in the Red Sea you have Saudi Arabia that is on one side of this and they are bringing their stuff through but they're not the only one of course anything that comes through and needs to get to Europe has to go through these two choke points and this can disrupt not just oil but all kinds of different products that have to move through there and they do each and every day until the Houthis say yeah we're not gonna allow that and that's what's happening right here and now what about China brazingly blasted through the straight of hormuz with its US sanctioned tanker testing the naval blockade ————————————————————————————————— 🔥 ALL MY TIPS AND STRATEGIES ON THE DISCORD COMMUNITY: 🔥 https://discord.gg/QNgHFgxkq9 💵 HOW TO MAKE MONEY ON AMAZON: 💵 https://themoneygps.com/ 👨 JOIN THE $GPS LIVE CLASSES 💵 https://themoneygps.com/ ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU —————————————————————————————————