War Spending Soars, Oil Crashes: 2024 Data

Oil price vs military spending data reveals one of the strangest market disconnects in modern financial history. The US crossed $997 billion in defense spending in 2024 — a 32.6% increase since 2011 — while crude oil (WTI) actually fell 26.7% over the same period, from $98.83 to $72.44 per barrel. Historically, Middle East conflict sent oil prices soaring. That relationship has broken down completely. US shale production, weakening global demand, and structural market shifts have decoupled oil from geopolitical risk in ways economists are still scrambling to explain. This chart tells the story two lines at a time. Watch till the end to understand what this divergence means for your money in 2024. #oilprices #militaryspending #finance

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Видео War Spending Soars, Oil Crashes: 2024 Data канала The Plot Twist