Speculations by short sellers, according to people familiar with the matter [Happy]  

White House Fields Warnings About Iran War's Economic Hit

One big nonmilitary question has loomed over President Trump's attacks and now cease-fire in Iran: Would the U.S. economy take a hit from a prolonged war?Since earlier this year, the president and advisers have been privately hearing from cabinet officials, political allies and corporate leaders about what the war could do to Wall Street and Main Street if it didn't conclude within a tight time frame. Many cautioned against -- or drew up scenarios for -- a more-extended fight.Last month, the Treasury Department issued a short-term authorization permitting the sale of Iranian oil already at sea.There have been private admonitions as well. In recent weeks, according to people familiar with the matter, the CEOs of the three largest U.S. oil companies warned Trump administration officials including Energy Secretary Chris Wright and Interior Secretary Doug Burgum. The executives said that a prolonged closure of the Strait of Hormuz, an artery for 20% of the world's daily o
White House Fields Warnings About Iran War's Economic Hit

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