RSS SubscribeThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market
By Lucia Kassai, Sharon Cho, Devika Krishna Kumar, and Alex Longley – Bloomberg
When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But the rally’s foundations went deeper — to global supply shocks that are intensifying fears of a commodity-driven inflation resurgence.
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