Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Oil Is Plunging on Iran's De-escalation Signal
West Texas Intermediate crude slides more than 6% after Iran signals it could halt attacks if a U.S. pause holds. Lucas and Luna break down the geopolitics behind the move, examine how gold and other commodities are reacting, and debate whether this is a temporary dip or the start of a larger unwind. With WTI at 83.62 and Brent at 90.13, they explore the supply implications, the role of Trump's tariff blitz, and what traders are watching next. Plus, a look at why corn is bucking the downtrend and what the 10-year breakeven inflation rate at 2.26% says about market expectations…
The skinny
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