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Daily Oil Fundamentals

Cautionary Tale

24 Jun 2026

Cautionary Tale

It might be a forced parallel, but as the UK has gone through six Prime Ministers since leaving the European Union almost exactly ten years ago, the question arises: is reluctance or ego to cooperate, confrontational policies coupled with a bellicose narrative, and unsubstantiated optimism the most effective way to achieve one's goals, or does it more likely lead to unpredictability, mayhem, and havoc? Those who closely follow the ongoing nuclear talks between the US and Iran must surely ask themselves these questions.

Daily Oil Fundamentals

Echo Chamber

23 Jun 2026

Echo Chamber

Last week’s selling spree continued yesterday as the latest week got underway. Facts and narratives pointing in the same direction resonate with investors, who, perhaps justifiably for the time being, are ignoring the hurdles that lie ahead in securing a long-term peace deal between the US and Iran, which are discussed below.

Daily Oil Fundamentals

Heads are Spinning, Eyes are Rolling

22 Jun 2026

Heads are Spinning, Eyes are Rolling

From taking over Iran’s oil industry to a handshake — all within the space of four hours. It is the contemporary standard in diplomacy. Threaten to hit your enemy "VERY HARD," then embrace them. Whatever the outcome, claim victory. Call off the strike and announce a deal with Iran that has been approved by "all parties."

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