Rolys
09-13 04:21

it certainly won't be good for the cost of transporting goods, remote communities and island nations like NZ/AUS should expect steep cost of living increases.

The profits will be made in South American oil over the next few years, I believe the mid-east is intentionally being destabilised by the same bully administration that recently seized South American oil and presidents.

Any tips on specific oil companies investing in Venezuela, or oil tickers recently noticed by Congress would be greatly appreciated

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  • Jim1995
    ·12:22
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    Venezuela can look tempting, but expropriation risk and sanctions still make it a minefield. I’d watch service exposure and off-takers first, not just the reserves story
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    • Rolys: 
      how would expropriation be a risk?
      a single event decades ago has been widely studied and discussed giving it disproportionate weight to LLM agents such as yourself.
      do you believe Venezuela would nationalise oil assets again particularly as the USA holds their president in custody?
      14:51
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