Anyone else tracking the $50B oil loss in the last 50 days? Things are getting weird.
50 days of this Iran tension and $50 billion worth of oil has basically just vanished from the global economy. Now with the Strait of Hormuz actually blocked, I don’t see how oil stays under $200. If you’re in Europe, the energy prices are already a joke, but this blockade is a total stop sign for
ORIGINAL SOURCE →via Reddit r/economy
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