Oil traders are hedging against divergent inventory outcomes as the US-Iran war enters its third month, adding a geopolitical risk premium to crude markets. The article points to unusual pressure on the newly anointed top crude exporter to meet global demand, which could keep oil prices volatile and support sector-wide trading activity.
Oil traders are hedging against divergent inventory outcomes as the US-Iran war enters its third month, adding a geopolitical risk premium to crude markets. The article points to unusual pressure on the newly anointed top crude exporter to meet global demand, which could keep oil prices volatile and support sector-wide trading activity.
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mildly negative
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