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Brief: $750 Billion Underground
Published 3 weeks, 6 days ago
Description
Oil's break below $90 lasted less than a day. Overnight US strikes on an Iranian military site near the Strait of Hormuz, followed by IRGC retaliation against a US air base in Kuwait, snapped Brent back to $96 and proved the risk premium was compressed, not removed. Hard manufacturing data beat expe