if trump sanction iraq you have 100 oil in a hearbeatiraq produce about 4.5 milliion barrels a day. If that ever got taken off the market even for a short time brent oil would pop closer to 120 than 100.
not likely to happen but you never know and at least for the forseeable future you have to be long oil especially brent.
bodes well for vermillion I would say.