#geopolitical-escalation

#geopolitical-escalation

Oil prices have risen more than 5 percent following an Israeli strike on Iran's South Pars gasfield as the United States-Israeli war on the country continues to escalate. Brent crude, the international standard, rose 5 percent to $108.66 a barrel on Wednesday, while US West Texas Intermediate crude gained 2.5 percent to $98.65, widening its discount to Brent to the largest since May 2019 on fears of a prolonged conflict.

The problem is from the outside, like the rest of the world, you look at this unnecessary aggression by the United States government, and then you tack on whatever propaganda they have already been spitting out about America for the last 20 or 30 years, and then this war with Iran gets really ugly. Because that's how you start a World War III.

nLIGHT designs and manufactures high-power semiconductor and fiber lasers with significant defense applications, including directed-energy weapons systems. In a conflict scenario involving Iran, where drone swarms and missile threats are a primary concern, laser-based defense solutions move immediately to the forefront of investor attention.