Geopolitics12 May 2026
Iran War Drives Largest Oil Supply Disruption in History
via Council on Foreign Relations
The U.S.-Iran conflict has choked Strait of Hormuz shipments, creating the biggest oil supply shock on record. Trump temporarily eased sanctions on Iran and Russia to stabilize prices, benefiting adversaries without lowering crude. Traders should brace for extended volatility in crude, indices, and inflation-linked assets.
Original source
Council on Foreign Relations
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