(WCTW) The Oil Market Breaking Point

    https://www.hfir.com/p/wctw-the-oil-market-breaking-point

    Posted by tuna-lic

    5 Comments

    1. CuriousCat511 on

      Too many open variables:

      -Can Iran afford continued bombing to inflict maximum pain?

      -Will additional production be taken offline (destroyed) in coming weeks?

      -Will Houthis block the Red Sea?

      -How much SPR are countries willing to release and what is the long term impact to rebuild.

      -At what price does demand destruction occur?

      -Will this push US into a recession?

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