There is now a new, serious serious conflict in the Middle East and it involves Israel and Palestine specifically Hamas And it started about a day and a half ago. There's already hundreds dead, hundreds of hostages, thousands injured is a very, very, very serious thing. Now, before we get into this: I by no means am an expert on this I'm I'm just not I'm not the guy who knows every little detail of the history of what's going on between Israel and Palestine. I'm really focusing on what's going on right now and maybe the upcoming implications for the week ahead.

Stock sink across mid East as Israel goes to war with Hamas and I. Believe on the Northern side, you have Lebanon and they have a group that is kind of once again a proxy group for Iran. Uh, and that's Hasbullah Hasbullah. However, you want to say it.

Um, so that is another thing I'll get into. but even right now the US market, you could check this out. Uh, the weekend. Wall Street This is using a lot of macroeconomic things to predict where the stock market's going to open up.

because right now, at least at the point that we're talking about this, the Market's not open. But they're expecting the Dow to drop 200 points at open. Not looking good right now, but obviously the Futures Market opening up at Uh 6:00 p.m. ET so just want to that uh, just obviously massive impact on the market and the one thing that a lot of people are talking about is oil kneejerk surge.

Oil experts predict Market impact of Israel Hamas Conflict I Do appreciate how some news outlets are going out of their way to specifically call it Hamas and not Palestine because it is a subset of Palestine it's a Palestinian militant group. It's not Palestine as a whole I Want to drive that point home to everyone. The overall impact on oil markets from the attack on Israel by Palestinian militants Hamas will likely be limited, provided by conflict does not escalate. Further, energy experts said we may see knee-jerk surge in crude prices when the Market opens on Monday.

Technically it's opening up in about what 4 hours 5 hours. Both Israel and Palestine are not major oil players, but the conflict sits in a wider key oil production region. Nlsa warning that has the potential to conf flag rate further as in, just get worse. Uh, obviously like that's not a big brain call out as Israel Hamas War rages on oil Traders focus on Iran So with this, there's a lot, a lot of context and everything going on here.

So I just want to put this out here for now. Blinkin says the US has not yet seen evidence of Iran involvement in Hamas attack on Israel I'm not sure if I'm going to buy that in the long run and I'm going to be explaining that in like 1 second here, but he's our Secretary of State and and there's a lot of people I mean I'm already seeing videos on X or Twitter whatever you want to call it of how there's certain drones that it looks like they're from Iran but Hamas has been firing them off. we know on the North side and I'll show you some maps in a second. On the North side you have uh Lebanon and that's uh Hasa Like there's a lot of crazy stuff right here.

But let me explain of why things are getting like so important and you really have to break out the map to like better. Understand this Now remember as I'm saying this to you: I'm no military strategist I'm no political expert I'm no Israeli Palestine uh Saudi Iran I'm no e I'm not an expert in anything. The only thing I'm an expert in is not being an expert in anything. That's where I have expertise I want to get that out there.

So if you turn on your news I was watching news all morning and everyone's like why did this happen how did this happen Why now what's going on And the biggest thing I heard is this was the 50th anniversary of the 1973 attack. So uh if you rewind about 50 yam kapor ago, uh there was another attack on Israel from Palestine uh eventually Israel ended up winning. That and a lot of people are like well it's the 50th anniversary and they just had yam kapor again which is an important it's I believe considered to be the most holy of holidays and a lot of people are looking at that. Or um, if you like, specifically follow the news from this region, it's news.

But it's not new news, it's the same type of news that goes on all the time is specifically on the Gaza side. I Believe it's on the Gaza side. Uh, that there's still complaints of um Israeli military encroaching on territory they shouldn't be encroaching on. So are they pushing the bounds of what's their region? Yeah, probably.

but it feels like that's always been the fight. Is it something with the 50th? Anniversary Yeah, Maybe that adds into it. Is it just general discontent? Yeah, okay, that could all play a role. that's what.

I hear the news trying to shove down everyone's throat, but that one CNBC line maybe do a bit more of a deep dive and I Think this is what's actually going on talking about the Israel Saudi normalization and this is a big big agreement that as it was bringing up the water might be thrown onto it. So let me explain what's going on here. The problem: If we were to believe the CM BC article isn't necessarily What's Happening Here with Israel and then just so you guys know, Gaza Strip This is Palestine and then also West Bank right here this is also uh Palestine And just for the point of this conversation, to the north of it, we have Lebanon and that's where Hasbullah is who's basically In Cahoots with these guys all the way over here Iran Another thing I want to bring up of Iran which is to the east is this group does not get along with this group. Saudi Arabia They are not friends and when you're talking about not being friends, it's particularly important to bring up when one of those people that doesn't like the other people now has nuclear power.

Iran has nuclear power Saudi Arabia to my understanding is like yo, we don't like those guys. they're one Persian Golf with away not good us Are you cool If we actually we want our weapons too, just in case these guys decide to pop off and attack us. And then the US was basically like yeah, we're going to let you have your nuclear weapons so you could defend yourself. but we want our oil for dirt cheap forever and on top of it, you better freaking promise to not ever use those weapons on Israel And everyone's like, okay, we could deal with that because Israel Saudi Arabia They're not the best of friends I Mean obviously.

um, there's a lot of cultural difference. There's a lot of historical things going on there, but they dislike Iran far, far more than they dislike Israel So they're like, okay, we'll do that. We're going to get our nuclear weapons. You're going to allow us to have ours so we can defend ours against Iran We're going to give you oil cheap for basically forever.

and we're also going to get Israel to really have normalization with the Arab world. And obviously Saudi Saudi Arabia isn't the only one that gets to like call the shots on the entire Arab world, but they are arguably the most important one. So whatever they decide to do and everyone else is also going to decide to do so, this is It's a multi-way agreement that Israel comes out a little bit more stability to the area. Saudi Arabia is like okay, we get our weapons and the US is cool, the world calms down and we get oil for treat.

So who gets screwed over in this process is obviously Iran and you could also argue. Palestine So as this was all happening, Iran popped off and said no, no, no, no, no, no, no, no. What we want to happen is a three-way agreement between Iran these guys all the way over here China and Saudi Arabia So everyone's like okay, well it does seem as if the first deal is going to go through. the agreement between Israel Saudi Arabia and the US.

It seemed like that was the one and the reason it seemed that way is the UAE already signed on. So basically obviously Saudi Arabia UAE A lot of overlap there every agreements, cultural business, everything. So the UAA already signed this. They agreed with it.

They're like let's go Saudi Arabia was about to sign it the one signature that really really mattered on it. And right before it happened, this happened. The attack from Hamas who remember Hamas is currently in bed with Iran and with the those two working together to basically their goal is taking out Israel. So to me, that's a much more reasonable explanation.

Maybe the timing of it does like I guess align with some of this other stuff such as the 50-year anniversary since the 1973 fight. Maybe some of the recent stories of Israel kind of encroaching on some land. Yeah, maybe that added some gas to the fire. But if you were to ask me of what's going on right now, it's much more of the Israeli Saudi normalization agreement that was about to be signed.

so it's crazy. There's a lot more to the story. There's a lot more history. There's a lot more complexity of how we got here, but I'm just doing to the best of my ability describing of what's going on in the current state.

And basically when I was listening to mainstream media, my jaw hit the ground. because even based on the little bit that I know of all this craziness, they weren't even describing the little bit that was necessary. It seems a lot more to be the Israeli Saudi normalization involving us cutting out Iran and they didn't want that. A lot of people apparently didn't want it in the Hamas group and now it's getting even crazier because to the North Side is right here.

Lebanon Uh, there is a group that is basically a proxy group for Iran Hasah and they're starting to like get On the Border and they were bombing some stuff. It it it really is. um, as high of tensions and well, they're already boiling over. There's already attacks and missiles and bombs and this and that, so it's crazy.

How is it going to play out? Well, obviously fingers crossed for everyone involved that it just chills and everyone's like whoa whoa whoa whoo. Maybe there's a better way to do it. Maybe the best path is really what's going on with the Palestinian Authority in West Bank of where we're going through a diplomatic process rather than the Hamas group in Gaza where they're like, oh, we're just going straight military I Hope that that happens I Very much hope that that happens cuz there's lives on the line. There's already been hundreds of lives lost, There's already been thousands of people injured, there's already been hundreds of people captured, and they're currently just there as hostages.

This is a crazy, crazy situation now obviously without being cold. I Want you guys to know that for me personally and I think for all of us that we all admit the human aspect of this is the most important thing. But clearly beyond the human aspect, there's also going to prop more Global Political volatility. and Global Market volatility as I already showed you with the weekend warrior thing they're predicting the market comes down, we're already seeing some of the markets that are open.

They're not doing so well and it it's all intertwined so it's important to pay attention to it. And let me just show you the market here. Yeah, on Friday We had a nice recovery. Do I think it's going to hold after all these developments? No.

I mean obviously it might I Didn't think the market was going to go up this much on Friday So I don't know 50% of the time I'm right 100% of the time I don't think it's going to personally hold uh I do think that after oil vomited so much just now with these and people are like uncertainty like okay, what's the supply going, what's the demand going to be I Wouldn't be surprised if this starts to pop up a little bit. I'm not necessarily calling for the biggest oil rally ever I'm not necessarily calling for the largest stock market selloff e but those are just the generic ways that I'm leaning. So just wanted to explain that.