US will lose its short-term advantageas,the global oil market becomes unsteady
Two oil tankers were attacked in the Gulf of Oman last week. Global oil markets reacted with relative calm which saw oil prices dip for the day and then bounce back. Historically, geopolitical tensions impacted oil prices. What remains confusing is how this current geopolitical tension failed to cause oil prices to skyrocket. Since the US declared, in April, that it will not renew sanc...
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