Brent Crude Rises 3% as Markets Price the Ceasefire's Collapse Into Oil
Oil jumped to $93.60 on Monday's open — the market's diplomatic pricing is now faster than the diplomacy itself, and 20,000 seafarers are still stranded.
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Bureau: Brussels
Oil jumped to $93.60 on Monday's open — the market's diplomatic pricing is now faster than the diplomacy itself, and 20,000 seafarers are still stranded.
The CFTC killed a Biden-era ban on sports prediction markets, then claimed federal jurisdiction — and 38 states are suing to keep their own regulatory authority.
The world's biggest oil company says Hormuz won't normalize before 2027 — the structural delay MSM prices as temporary.
The only physical alternative to Hormuz is a year from operational — the pipeline acceleration proves the strait's closure is structural, not cyclical.