Miner Company
Oil Above $100: Why Game Theory Suggests This Spike Won't Last
The recent US-Israel strikes on Iran have triggered sharp equity declines and surging oil prices, but Game Theory suggests a short-lived conflict. I expect a rapid mean reversion in oil prices and energy/oil ETFs like XLE and USO once the conflict resolves and the Strait of Hormuz reopens.
The recent US-Israel strikes on Iran have triggered sharp equity declines and surging oil prices, but Game Theory suggests a short-lived conflict. I expect a rapid mean reversion in oil prices and energy/oil ETFs like XLE and USO once the conflict resolves and the Strait of Hormuz reopens.