No. of Recommendations: 1
How long is his time horizon, for investing decisions?
It doesn't matter much. There's nothing positive for him in driving up oil prices. He doesn't benefit from higher oil prices. He's already gotten the campaign contributions from Big Oil, and already delivered them the near-total revocation of Biden's climate agenda.
But certainly he's not going to be done with his Middle East deal-making any time before year or so. So if you believe that his actions will be driven by his sense of his own self-interest, there's no reason at all for him to do anything to intentionally increase the price of oil in the near- or intermediate-term.
