Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Crude Is Falling Despite Iran Strait Tensions
In this episode, Lucas and Luna dig into the strange disconnect between escalating geopolitical risk in the Strait of Hormuz and falling crude oil prices. With Brent crude down nearly six percent over the past week and WTI dropping past $70 a barrel, they unpack the real forces at play: softening global demand, rising OPEC+ spare capacity, and the market's shifting focus from supply shocks to economic slowdown. They also explore what this means for energy stocks like ExxonMobil and Chevron, and whether the sell-off signals a deeper pessimism about the global economy. Plus, a…
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