Oil The sounds of explosions in Iran will be greeted by the myriad of doomsayers across all manner of media today with the emboldened, frightening language of a full-blown Middle East War.
Those with bullish propensity are sinking into apathy as the risk premium that is rooted from Russia and the Near East keeps eroding.
Oil prices go about their business of unwinding some of the war premium that has been priced-in due to the continuing tensions surrounding the Gaza conflict and the subsequent Iranian missile onslaught on Israel.
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