Whether it's a conspiracy theory about intentionally using oil prices to control bubbles or simply being forced into a corner by Iran, the continuous rise in oil prices is definitely more harmful than beneficial for Trump. However, with the U.S. Strategic Petroleum Reserve (SPR) nearly depleted, suppressing oil prices this time will undoubtedly be harder than last time. In the end, it’s likely that oil prices will hit U.S. stocks and bonds so hard that the U.S. will be forced to compromise with Iran again. The upcoming meeting between the U.S. and Chinese presidents at the end of the month conveniently provides an opportunity for backchannel negotiations and a graceful way to de-escalate. So, oil prices probably won’t really wait until after the midterm elections in November to drop, as Trump claims. Forcing the U.S. to endure oil prices above $100 for two more months would be absolute hell. If that’s the case, risk assets should be shorted immediately to hold through November... @BITstocks_CN Buy U.S. stocks on BIT, with 10,000+ U.S. stocks and ETFs, real holdings, and dividend payouts.