The IAEA (Grossi) says the diplomatic window is closing. Fordham notes the US military buildup in the Gulf is the largest since 2003 and warns of "contagion." Markets are currently "fading" geopolitical risk (as per Jim Reid), meaning an actual kinetic event (US strike on Iran) is mispriced. Oil is the primary transmission mechanism for this risk. Long Energy/Oil as a portfolio hedge against a Middle East escalation. A surprise diplomatic breakthrough or US-Iran deal would cause oil to sell off.
The IAEA (Grossi) says the diplomatic window is closing. Fordham notes the US military buildup in the Gulf is the largest since 2003 and warns of "contagion." Markets are currently "fading" geopolitical risk (as per Jim Reid), meaning an actual kinetic event (US strike on Iran) is mispriced. Oil is the primary transmission mechanism for this risk. Long Energy/Oil as a portfolio hedge against a Middle East escalation. A surprise diplomatic breakthrough or US-Iran deal would cause oil to sell off.
The IAEA (Grossi) says the diplomatic window is closing. Fordham notes the US military buildup in the Gulf is the largest since 2003 and warns of "contagion." Markets are currently "fading" geopolitical risk (as per Jim Reid), meaning an actual kinetic event (US strike on Iran) is mispriced. Oil is the primary transmission mechanism for this risk. Long Energy/Oil as a portfolio hedge against a Middle East escalation. A surprise diplomatic breakthrough or US-Iran deal would cause oil to sell off.
The IAEA (Grossi) says the diplomatic window is closing. Fordham notes the US military buildup in the Gulf is the largest since 2003 and warns of "contagion." Markets are currently "fading" geopolitical risk (as per Jim Reid), meaning an actual kinetic event (US strike on Iran) is mispriced. Oil is the primary transmission mechanism for this risk. Long Energy/Oil as a portfolio hedge against a Middle East escalation. A surprise diplomatic breakthrough or US-Iran deal would cause oil to sell off.