🤣 It is the gap of the Strait of Hormuz. It was a strong pressure point and Iran did not give it up. Trump's threats are in the wind $BZ
🤣 The announcement of a temporary ceasefire for two weeks directly reflected on Brent crude oil prices, as a downward price gap appeared reflecting a decline in concerns related to oil supplies. $BZ
🤣 This gap reflects a rapid repricing of geopolitical risks, after markets had built a high premium on the possibility of supply disruptions. With tensions temporarily easing, the market began to correct that premium, which explains the sharp decline we witnessed, waiting for what the coming days will bring in terms of actual commitment or a return to escalation. $BZ
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