A Geopolitical Powder Keg In The Middle East

The US-Iran Conflict is Playing Out in Iraq As we noted at the beginning of the intensification of the US-Iran conflict, the Middle East will begin to disintegrate not in Iran, or in Saudi Arabia, but in Iraq, where the fragility of the Sunni-Shi’ite divide couple with a radical Islamic State threat and spillover from Syria. Oil traders have now caught on and oil prices are now creeping up again as the death toll hits over 110 and the wounded have reached the multiple thousands. The original impetus of the protests is economic: frustration…