The rise of a great power: starting with military industry

Chapter 684: The Bombing

International crude oil futures market.

Suddenly, a large amount of funds poured in to go long on crude oil prices.

This made many investment institutions and stock traders feel incredible. It would be fine if the oil price did not fall now, but some people actually bet that the oil price would rise?

Suddenly, countless people began to short the price of crude oil, betting that it would fall.

In the market, bears and bulls are always competing with each other.

It all depends on who has better skills and who makes a profit!

The one who went long in the international crude oil futures market was naturally Liu Tao. This time he used a leverage of fifty times.

If Saddam suddenly stopped causing trouble, all the money he invested in the futures market would be lost.

But once Saddam really causes trouble, he can take this opportunity to make a fortune and make up for his own losses.

As a result, Saddam really caused trouble.

Just when the time for withdrawal signed by both parties was about to arrive.

Port of Abadan, a port city with the largest oil refinery in Persia.

The Persian defenders were listless, yawning and chatting with each other, waiting for the Iraqi troops outside to withdraw.

At this moment, hundreds of planes, including fighters and bombers, rushed towards the port of Abadan and launched a bombing on it.

The bombs dropped by the bombers began to explode on the ground. The fireballs caused by the bombs hitting the ground were like huge waves of a sea of ​​fire, sweeping towards the surrounding buildings and people.

The aircraft's missiles are fired directly at important targets and destroyed.

The entire port of Abadan was filled with the shrill sound of air raid sirens.

The Persian garrison in the port of Abadan was terrified.

You know, from the outbreak of the Iran-Iraq War to the present, the Iraqi army has never launched an attack on the port of Abadan, let alone a large-scale bombing.

Now that both sides have signed a ceasefire agreement, people will be even less vigilant.

Many people were shouting and screaming in panic and fleeing in fear.

Fortunately, ordinary people in Abadan Port had already moved away, and those who remained in Abadan Port were either Persian garrison troops or workers.

The aerial bombs that were continuously dropped from the belly of the bombers, after hitting the ground, the huge shock waves generated instantly shattered the glass windows of a batch of buildings.

"Boom~~" The loud noises of explosions continued to sound.

Many aerial bombs were dropped on schools, homes and hospitals.

Suddenly, schools, houses, and hospitals were razed to the ground by dense aerial bombs.

The missiles directly attacked those important buildings and destroyed them.

At the same time, the Iraqi army outside the port of Abadan continued to fire artillery shells, which continued to fly towards the port of Abadan.

In the past, the port of Abadan was not bombarded, not because the Iraqi army did not have artillery, but because once the artillery was opened, the port of Abadan would inevitably be destroyed. In this case, it would be meaningless for the Iraqi army to occupy the port of Abadan that had already been reduced to ruins.

Not only did they not get any profit, they also had to invest huge amounts of money in post-war reconstruction.

But now, they are all going to withdraw their troops, so it doesn’t matter.

Destroy the port of Abadan! All of a sudden, the entire port of Abadan turned into a hell on earth with flames shooting into the sky, cries, howls, screams, and cries for help all mixed up.

The original Abadan Port was now a field of rubble, piles of scorched earth, large amounts of broken bricks, and dismembered bodies.

At the same time, the same scene happened in Khomeini Port.

The entire Khomeini Port was bombed and shelled.

In addition, other cities and towns occupied by the Iraqi army were also destroyed by the Iraqi army.

Oil wells were destroyed one after another.

Then the Iraqi army retreated.

The Persians were extremely furious at this wave of Iraqi attacks. The Persian guerrillas along the line cooperated with the army to attack the retreating Iraqi troops. They wanted to keep these sinful Iraqi troops on Persian soil to commemorate the tragic deaths of the Persians and the destroyed cities and towns.

However, the Iraqi army was a mechanized force that retreated quickly and had fierce firepower. For the Persian guerrillas to attack the retreating Iraqi army was tantamount to committing suicide.

Even the regular Persian troops would often lose more than they win in a head-on confrontation with the Iraqi army.

Persia immediately informed the world of the Iraqi army's atrocities, severely condemned the Iraqi army's atrocities, and claimed that this was a crime against the Persians and that Persia would retaliate against Iraq!
After the news came out, international crude oil prices soared.

After all, Persia exports two to three million barrels of oil every day. Now that this incident has happened, it means that there will be a gap of two to three million barrels of oil.

More importantly, the Iran-Iraq war will reignite.

Some military and economic experts even believed that this was an Iraqi conspiracy to lure out the main force of the Persians, destroy their vitality, and thus completely win the war.

Under such circumstances, panic broke out in the international oil futures market, and oil prices quickly broke through the $30/barrel mark, and then the $35/barrel mark and the $40/barrel mark.

The entire international oil futures market was in panic.

At this time, Liu Tao's team was already harvesting.

Hundreds of billions of dollars in profits were safely in the pocket.

It was not until the Iraqi army withdrew from the Persian border and more news came out that international oil prices fell.

However, Persia's ports of Abadan and Khomeini suffered devastating damage, oil wells suffered fatal blows, and cities and towns were destroyed, which means that Persia may be unable to export oil in the short term.

This oil supply gap is an indisputable fact.

The result is that the international oil price has reached $30 per barrel and cannot be lowered.

The Persian Air Force took off immediately to bomb the retreating Iraqi army, while the Iraqi Air Force provided escort. Air battles broke out between the two sides every day.

Although the Iraqi Air Force is not as good as the Iraqi Army, it has a slight advantage with the help of ground-based air defense missiles.

Although the Iraqi ground forces also suffered considerable losses, they were eventually able to withdraw smoothly into Iraq and then deploy defenses along the border.

The Persian Air Force, holding its breath, launched air strikes on Iraq.

However, the Iraqi air defense forces discovered it in advance, and the radar detected the Persian plane before it reached the border.

Under the anti-aircraft firepower of the Iraqi air defense forces, the Persian Air Force suffered heavy losses and was unable to launch a new wave of air strikes.

Persian ground forces were also deployed in important strategic locations, keeping an eye on Iraq and giving Iraq no chance to launch surprise attacks.

The two sides engaged in a war of words, with Persia accusing Iraq of not abiding by the armistice agreement and committing heinous crimes against Persia, and Persia would not let it go. Iraq, on the other hand, righteously argued that this was in its own occupied area, and the Iraqi army had the right to do so, and that the Iraqi army withdrew at the time stipulated in the armistice agreement and did not violate the armistice agreement. Persia's accusation was completely untenable and was throwing dirty water on Iraq.

(End of this chapter)