Oil pulled back a bit after Trump announced a 10-day pause on strikes against Iran’s energy sites.
That eased some pressure, but prices are still elevated since traders don’t believe the situation is anywhere near resolved. The risk premium is still very much in play.
Oil Dips on Iran Pause, but Risk Premium Keeps Prices High
byu/Sanaa_24 ininvesting
Posted by Sanaa_24
1 Comment
It’s the boy cried wolf for the hundredth time now and traders just don’t believe this 🥭guy anymore