This winter is going to be incredibly tough
With the Saudi oil pipeline burst, oil prices are going to keep rising, and forget semiconductors—the stock market itself is going to be on a downward trend.
The problem is that this isn't the end... it looks like the Houthis are acting crazy and targeting Saudi pipelines.
This isn't someone else's problem; once it gets seriously cold and the winter season approaches, gas prices will be terrifying.
For now, those in the "bear" camp should prepare thoroughly... because the ultimate impact on Korea will be significant too ㅠㅠ
"Global crude oil supply faces 4% drop crisis due to Saudi pipeline shutdown" n.news.naver.com Hit by a drone launched from Iraq... recovery expected to take up to 4-5 weeks. Reuters reported on the 13th (local time) that if Saudi Arabia's key pipeline is not restarted within a few days, the world's crude oil supply faces the risk of decreasing by 4%.
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