Miner Company
The Iran War Is Far From Over
Energy markets face historic disruption as the Strait of Hormuz closure drives Brent crude to $100, with extreme backwardation signaling market uncertainty. Assumptions of a quick resolution are misplaced; structural and leadership challenges in Iran make a near-term ceasefire highly unlikely.
Energy markets face historic disruption as the Strait of Hormuz closure drives Brent crude to $100, with extreme backwardation signaling market uncertainty. Assumptions of a quick resolution are misplaced; structural and leadership challenges in Iran make a near-term ceasefire highly unlikely.