
Oil market jawbones through the Hormuz crisis
To put the latest oil future rug-pull into perspective.
Source: https://x.com/rory_johnston/status/2057192122319548850?s=46&t=VbwJ3a6bkh4DyQTTGpMG7A

To put the latest oil future rug-pull into perspective.
Source: https://x.com/rory_johnston/status/2057192122319548850?s=46&t=VbwJ3a6bkh4DyQTTGpMG7A
Iran has 48 hours to respond
EDIT: we all know this is 99% bullshit. The manipulation works though. Fakenews + insiders short to plunge the futures, algo follows to keep the price suppressed.
EDIT2: Iran Ebrahim Rezaei dismissed U.S. demands as unrealistic, saying Washington won’t gain through conflict what it failed to secure in talks.
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