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For people wondering why oil hasn't spiked, this could be why
Investor summaryBearish
Oil prices haven't spiked because shipments are successfully passing through the Strait of Hormuz, easing supply fears.
Bear points
- Oil supply routes remain open, reducing geopolitical risk premiums.
- Lack of supply disruption prevents the expected price spike.
Post body
Looks like oil IS getting through the SoH
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