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| Remember that article I posted?
https://www.cnn.com/2024/04/15/energy/oil-market-iran-israel-conflic...
“Iran’s unprecedented attack on Israel over the weekend has ratcheted up tensions in the oil-rich Middle East yet again, threatening to send fuel prices skyward if the conflict escalates and disrupts global supplies.”
“Oil prices spiked Friday to levels not seen since October in anticipation of just such an escalation but on Monday were subdued. Brent, the global benchmark, was trading down 0.9%; West Texas Intermediate futures, the US benchmark, were down 0.8% by 9.25 am ET as markets wait to see how Israel will respond.”
Did oil prices spike to a six month high over that weekend? And Israel didn’t respond at that time so tempers subdued. It didn’t escalate as I thought it might. Thankfully.
I’ll give you the win since it didn’t keep the 6 month high.
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Another take on the perpetual solar debate
