This post was originally published on this site.The claim is unverified, but it adds to the geopolitical risk premium in crude after a week in which Brent and WTI fell about 7%. The warning to companies matters most for oil: any hint that tanker operators, charterers or insurers will step back from Hormuz could tighten flows that are still below pre-war levels and push freight and war-risk insurance costs higher. Light speculative positioning means a confirmed escalation could trigger a sharp short-covering bounce. A US denial, or no follow-up, would likely see the move fade, as with past episodes. Higher...
BlockchainNovember 13, 2026November 13, 2026
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