Chrishust
03-12
1. Reserves be shortage: the g7 release is intended as a short term measure which is insufficient for a longer term war with Iran which will continue to increase prices
2. Portfolio pivot: a better decision is to long $Gold.com(GOLD)$
3 market outlook: . The Iran war has already started while the us may lose the war the adverse impact of high oil prices has already occurred
Oil Rebounds: Can It Stabilize Within Ceasefire Window?
USO edged up 1.91% to $126.96, staging a technical recovery after yesterday's near-10% plunge as the geopolitical risk premium tied to the U.S.-Iran ceasefire window nears exhaustion. OPEC+ production increase expectations and slowing global demand growth continue to weigh on the medium-term outlook, with $130 as near-term resistance. Outcome would be agreement extension? Or breakdown-driven rebound?
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