Oil roars as Iran pwns Trump again

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Brent is shaping up for MOAR!

Iran has pwned Trump again overnight. Easily. Because Trump refuses to accept that he is defeated and that it is Iran that possesses second-strike capability, no matter what he does, the outcome is more humiliation.

Yesterday’s feint of pretending to help stranded ships is today’s Trump arse on fire.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.