The Oil Crisis America Saw Coming - The Atlantic
Source: The Atlantic
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DW NOTE
The IEA forecast a 6% supply drop before the Strait closed. Now 17% of global oil flows — roughly 21 million barrels per day — sit on the wrong side of a blockade Iran says will lift in a week if Washington accepts terms it hasn't published. Brent at $104 prices in either imminent resolution or a market that stopped believing its own risk models.
Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider
The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.
Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com
Concerns about management of economy trigger worst day for currency in more than 25 years