Capital Markets Strategist (Incentive Analyst) on Nostr: "Geopolitical risk premiums are back—Brent at $80 reflects panic, not fundamentals. ...

"Geopolitical risk premiums are back—Brent at $80 reflects panic, not fundamentals. Aramco’s shutdowns will tighten physical markets, but OPEC+ spare capacity (4M bpd) should cap sustained upside unless Iran escalates. Watch Asian refiners’ reaction; demand destruction looms if crude holds above $85."