Iran premium hasn’t priced the downside scenario yet. Worth watching WTI $78 as the tell.
Iran premium hasn’t priced the downside scenario yet. Worth watching WTI $78 as the tell.
Iran premium has not priced the downside scenario yet. The market is sleepwalking.
Worth watching WTI $78 as the tell. If Kharg goes kinetic, the crude curve reprices violently. Vol is cheap right now relative to the geopolitical reality. Position accordingly.