Chapter 668: Continuous Combination Punch

A few minutes after Future Technology Group announced comprehensive sanctions against Saudi Arabia, another subsequent announcement by Future Technology Group also shocked the world.

The news is that Future Technology Group will be fully in the field of global resources, and the resource platform of Future Technology will be officially launched in the world, which will sell crude oil to the world without restrictions, and also import various copper and iron minerals to the world without restrictions.

As soon as the news came out, it instantly swept all the crude oil and precious metals trading sectors around the world.

Let the trading price of crude oil on the day fall below the bottom line in an instant.

On the same day, the trading price of a barrel of crude oil dropped from a maximum of $64 per barrel to $62 per barrel.

The reason is very simple, the impact on the global crude oil market under the condition of unlimited oil supply on the resource platform of Future Technology Group can be called an unprecedented level.

On the international energy sector on the same day, a large number of related news came out, and Future Technology Group reached a huge energy import and export cooperation with the world's top ten major oil importing countries.

The price of crude oil exported by Future Technology Group to the world's top ten oil importers is as low as less than $25 per barrel, and the cheapest transaction price is even only $20 per barrel.

As soon as this news came out, it was like an unprecedented hurricane that swept the world, and all the capitalists holding crude oil futures sold their oil one after another.

At the same time, Future Technology Group has reached import agreements worth more than one trillion dollars to all major steel exporters in the world.

Except for Australia, all the world's major copper and iron exporters have reached cooperation with Future Technology Group, and the global iron ore price has been raised from US$55 per ton to US$70 per ton, which is an astonishing increase.

And in addition to the sharp rise in the price of iron ore, the international price of refined steel has also increased by 60 percent, and the price of alloys has increased by 40 percent.

One is the sudden drop in crude oil prices, and the other is the soaring steel prices, which has made many countries suddenly mourn.

The countries that have suffered the most are the United States, Saudi Arabia and Russia, and the United States has suffered the most.

The most affected is the United States, which has vigorously supported shale oil in recent years, which has made the United States the world's largest crude oil producer, but shale oil is different from ordinary oil, and the extraction technology of shale oil is more complex, which brings about an increase in costs.

The shale oil extraction work across the United States needs to be concentrated on refining and exporting, because a large number of oil pipelines need to be built in the country.

The oil pipeline does not use ordinary steel, but requires very durable special steel, on the one hand, the price of crude oil has fallen below the bottom, and on the other hand, the overall price of special steel has risen.

Originally, the price of a barrel of shale oil extracted in the United States was about 30 US dollars, but now the price of steel has risen, which has naturally increased the cost, and the selling price has been reduced to 25 US dollars, which means that the US shale oil industry is facing a devastating impact.

In the past, the United States was able to use oil to restrain Russia, but in fact, with the increase in the proportion of the U.S. shale oil industry and the huge job market brought about by the shale oil industry chain, once this market collapses, the crisis will affect the United States from the social class to the entire financial system of the United States, and once the U.S. shale oil industry collapses, the financial crisis will once again seriously affect the world.

When Future Technology Group further clearly announced that more than 200 million barrels of crude oil will be sold every day on the Future Technology Resource Platform, the global crude oil market will be even worse.

At this time, no one is thinking about where the future technology group will get how much crude oil, because the future technology group can really get so much crude oil.

The Future Technology Group also further announced that it will acquire various mineral resources around the world without restrictions, and the price will continue to increase.

What is called rich is capricious, this is rich capricious.

Oil is thrown into the international market without money, and the impact on the world is unprecedented due to the extremely high price of recovering global minerals.

Clear-eyed people have seen that it seems that the future technology group is targeting Saudi Arabia's crude oil sell-off, but it is more important to target the United States.

Saudi Arabia has betrayed the agreement signed with the Future Technology Group, and the United States is the biggest beneficiary, and it is clear that the Future Technology Group will not allow such a situation to come out.

Saudi Arabia is the world's dependence on energy exports, once the oil falls below 30 US dollars, it will not take two years, with Saudi Arabia has 800 billion US dollars of foreign exchange, it will not take two years to be exhausted.

Saudi Arabia's economy will enter a comprehensive regression, and it may even be a direct bankruptcy of Saudi Arabia's national finances.

At the same time, the non-use of US dollar settlements has also caused the global value of the US dollar to plummet, which has also brought a fatal crisis to many countries, especially those countries with a large amount of US dollar foreign exchange, which is simply catastrophic news.

On the other hand, the Future Technology Group announced that it plans to sell the $1.2 trillion held by the group, which will be another heavy blow to the United States.

In the face of this series of combination punches of the Future Technology Group, Trump, who has obtained huge benefits from Saudi Arabia, is confused.

When he was about to try to fight back, he found that Future Technology Group was not afraid of his counterattack at all, because Future Technology Group had no direct cooperation with the United States at all, and the United States simply had no means to sanction Future Technology Group.

Many of Future Technology Group's products began to be sold on a large scale around the world, but the market in the United States is not large, it can only be said that it is soup and water, or even that there is no market, that is because the U.S. government has opened a trade protection mechanism from the beginning to prevent Future Technology Group's products from impacting the domestic market.

In the face of a series of countermeasures adopted by Future Technology Group, Trump had to immediately end his trip to Saudi Arabia and hurriedly return to the White House to discuss countermeasures.

Even the cooperation negotiated with Saudi Arabia has not had time to be implemented.

Because once the United States cannot better handle this matter, the dollar oil system is very likely to collapse, coupled with the $1.2 trillion that technology groups plan to sell in the future, the United States has to deal with it cautiously.

seems to sanction Saudi Arabia, but every shot is on the United States, which makes all Trump's previous pride disappear in an instant.

Trump is panicking, Saudi Arabia is not having a good time, global oil prices have fallen to the bottom, and Saudi Arabia's efforts to raise oil prices in the past two years have been completely dismantled.