Oil markets are being driven by Middle East-related noise, with investors focused on supply risk and the latest military strikes. The article suggests some easing in hostility, which may modestly reduce near-term geopolitical risk premia in crude prices. Overall, the piece is directional but light on hard new data.
Oil markets are being driven by Middle East-related noise, with investors focused on supply risk and the latest military strikes. The article suggests some easing in hostility, which may modestly reduce near-term geopolitical risk premia in crude prices. Overall, the piece is directional but light on hard new data.
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