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Market Impact: 0.78

$105 Oil Is Quietly Engineering Its Own Demise

Source: benzinga.com

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply Chain
$105 Oil Is Quietly Engineering Its Own Demise

Seven months into the Iran war, crude oil has risen above $105 per barrel, rebounding more than 54% from a recent low of $68. Systemic tightening in refined-product markets is disrupting commodity-trading models and signals elevated fuel-cost, inflation, and supply-chain risks for the broader economy.

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