Oil’s war premium may unwind fast on a Hormuz deal, analysts warn
Analysts cited by BeInCrypto warn that the war premium in oil prices could unwind quickly if a deal on the Strait of Hormuz is reached. Brent currently trades about $20 above JPMorgan's fair value estimate, and BMI expects a steep sell-off once a Hormuz agreement lands. The piece is macro oil commentary with no direct crypto angle, though a sharp drop in energy prices could shift broader risk sentiment.
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11H AGOBeInCrypto · Score 45 · via Hormuz deal, Hormuz
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29 OCT · 00:40You’re reading thisOil’s war premium may unwind fast on a Hormuz deal, analysts warnBeInCrypto · Score 25