Biden-Harris are trying to turn Gaza into another Lebanon: Christian Whiton

Former State Department official Christian Whiton discussed President Biden's response to the recent murder of Israeli hostages and how it relates to rising tensions in the Middle East. He criticized the Biden administration's approach, suggesting it may transform Gaza into a situation similar to Lebanon's ongoing conflicts. The conversation also touched on the implications of these geopolitical issues for oil prices, implying that instability in the region could lead to higher oil costs.

Stock Forecasts

Geopolitical tensions in the Middle East generally lead to rising oil prices as supply risks become a concern. If the situation escalates, we may see a significant increase in crude oil prices, benefiting oil companies and related ETFs.

Increased instability and conflict can have a negative impact on markets, as investor sentiment may weaken leading to sell-offs in stocks perceived as risky or affected by these geopolitical events.

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