Latest / The Dip Podcast. Money, power & consequences
Oil prices whiplash as US-Iran war sparks historic reserve release
Oil markets are whiplashing as conflict spreads across in the Persian Gulf, turning crude into the world’s most powerful geopolitical pressure point. Prices are swinging wildly. Now, the IEA announced a historic release of 400 million barrels of reserves. But will it slow down the spiraling oil and gas prices?
The skinny
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