Chapter 19 Funding gaps

of tips. I was dizzy to see this part, and I didn't get the reminder ticket from Jean's book friend. Alack!

Fang Mingyuan naturally didn't know that Zhao Ya, who was upset by these boys in school, borrowed what he once said. Not only did the poor boy be dumbfounded, but also laughed a group of people in the corridor, creating the first joke in Longtan Middle School in the nineties, and after many years, the students of Longtan Middle School can still clearly remember the scene that everyone talked about. And that poor boy, since then, has had a loud nickname of the straw man! Others have since extended it and called him "the target of the arrow". "Don't bother me anymore, if you bother me again, you will be tied to the straw boat and borrowed arrows, which has also become the favorite saying of the girls of Longtan Middle School to reject those entangled boys, and it has been passed down.

After this time, whether it is the boys in this class or outside the class, they love and hate Zhao Ya and Feng Qian. I want to get close to the two girls, but I'm afraid of being like that poor "straw man". The same, and then the same treatment.

These days, Fang Mingyuan is busy paying attention to the situation in the Middle East and understanding of oil futures.

After collecting information about Zizhou in the past few days, he found that, just like in his previous life, the Iran-Iraq war, which had been fought for nearly eight years, had just ended, and Iraq, which had originally had abundant foreign exchange reserves, had not only suffered heavy losses in its national economy but also owed nearly $100 billion in foreign debts after eight years of war.

As a non-renewable resource, oil cannot be manufactured, and as the main energy source to support the functioning of society, oil is widely used and indispensable. Since the Second World War, oil extraction and consumption have increased dramatically. Despite the high price of oil after the two oil crises, the consumption of oil has not decreased because of the increase in prices. And Fang Mingyuan knew that until a long time in the future, at least in the years before his death in his previous life, oil would still be the largest monovarietal fuel in the global energy mix. Changes in its output will greatly affect the development of the shijie economy. The occurrence of two oil crises eventually led to a full-blown recession in the West.

The Middle East is the largest oil-producing area in Shijie, and its crude oil resources are very rich, and it is known as "Shijie Oil Depot, whose reserves account for about two-thirds of Shijie's total reserves." Middle Eastern countries account for five of the top 10 countries in Shijie's crude oil reserves, including Kuwait and Iraq. Although it is generally said that supply and demand determine prices, price changes affect the quantity and level of production and demand. However, oil price fluctuations do not fully comply with the law of supply and demand, for example, some sudden international political events will directly promote the rise or fall of international oil prices. Major changes in supply and demand and sharp price fluctuations are often the result of international political events. Therefore, the fluctuation of international oil prices is essentially a redistribution of oil benefits. And any political turmoil here will raise concerns about crude oil prices.

At the end of the year, the political situation in Iran, the second largest oil exporter, changed drastically, Iran's pro-American moderate Shah Pahlavi stepped down, and then Iran and Iraq went to war, and the daily oil production in the Middle East plummeted, triggering the second oil crisis. Oil prices began to skyrocket that year, and in a year's time, they soared from dollars per barrel to dollars in a year. This is undoubtedly the most haode precedent.

Fang Mingyuan clearly remembered that the Gulf War was triggered by Iraq's invasion of Kuwait. Historically, due to various reasons, Iran and Kuwait have had disputes over sovereignty and border issues. At the end of the Tian era, with the end of the Iran-Iraq war and the collapse of the Shijie bipolar system, the dispute between Iraq and Kuwait became prominent again. Under the new international situation, Iraq hopes to rapidly achieve national development, specifically to solve the long-standing problem of access to the sea, to forgive the huge debts owed during the Iran-Iraq war, and to become a regional power in the Gulf. But due to the failure of several negotiations with Kuwait in the summer of '90. This eventually led to Iraq's invasion of Kuwait.

The outbreak of the Gulf War interrupted the supply of crude oil from Iraq and Kuwait in the Shijie crude oil market. Shijie oil prices soared threefold in just three months, causing Western economies to fall into recession in the late nineties. But this time the high oil prices were short-lived, and the IEA quickly activated the emergency jihua, putting millions of barrels of crude oil reserves on the market every day, and OPEC, led by Saudi Arabia, also quickly increased production, which quickly stabilized the price of Shijie oil. Compared to the previous two crises, the impact on the Shijie economy has been much smaller. Later generations of experts described the Gulf War as an oil war. George H.W. Bush, then US president, said that if control of the largest oil reserve in Shijie fell into the hands of Saddam, then Americans' jobs and lifestyles would be catastrophic. For the United States, Gulf oil is its "national interest." So this war had to be fought!

Since Iraq has to fight Kuwait, and the United States has to fight Iraq, who else can stop this war? This made Fang Mingyuan believe that the outbreak of the Gulf War would still come as promised in his previous life.

Fang Mingyuan is not a saint, what does the life and death of the Arabs in the Middle East have to do with him? China has not invaded Arabia, but Arabia has attacked China, so why should he worry about the future of these Middle Easterners? All Fang Mingyuan needs to think about now is how to raise funds to maximize the benefits of the three months when crude oil prices have skyrocketed. Create enough conditions for themselves to borrow huge rubles from Soviet banks before the collapse of the Soviet Union.

An Mingyuan calculated his current property over and over again, even if the 300 million Hong Kong dollars that Guo Dongcheng lent to him without interest, plus all his property in Japan, the total amount was only 1560 million US dollars, which was enough to make him the top figure among the first group of people to get rich in China in the 90s, but in the international crude oil futures market, even considering the principle of carrying the pole, it was not even possible to make a splash. Such a rare opportunity to attract gold was easily let go, which really made Fang Mingyuan unwilling.

The problem of funds has undoubtedly become the biggest bottleneck in Fang Mingyuan.

"It's March now, if everything will still develop according to the trajectory of the previous life, then Iraq will brazenly invade Kuwait in early August, and the time left for himself is only these four or five months Fang Mingyuan sat on the wide windowsill, looking at the scenery downstairs, but his heart was constantly thinking about where he could squeeze out more funds. If you want to know what will happen next, please log in... Fierce horn, more chapters, support the author, support positive!