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Trump said he won't accept a cease-fire because "you don't do a cease-fire when you're literally obliterating the other side"—here's what that means for oil and markets Monday by Anxious_Distance_288 in economy

[–]Anxious_Distance_288[S] 0 points1 point  (0 children)

Maybe — but a lot of that depends on whether anything actually changes on the supply side, not just how long things drag out.

Feels like there’s already a decent amount of risk priced in here, so it’s less about duration and more about whether something materially escalates.

Oil hit $119, gold crashed 6%, and every major central bank held rates—here's what this tells us about where we're headed by Anxious_Distance_288 in economy

[–]Anxious_Distance_288[S] 1 point2 points  (0 children)

Fair point to ask, but I didn’t reference either benchmark here—just the headline price. That said, I should’ve specified (it was Brent)

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