A US-Iran Peace Deal May Not Be Enough To Save the Oil Market Now: Here’s Why

HFI Research has stated that the oil market has passed its breaking point, which was projected around mid-April The analysis argues that these inventory draws will occur regardless of any reopening of the Strait of Hormuz, driven by structural and logistical constraints. This comes amid notable uncertainty around the diplomatic efforts to resolve the US–Iran The post A US-Iran Peace Deal May Not Be Enough To Save the Oil Market Now: Here’s Why appeared first on BeInCrypto.