Fundamental Analysis
Posted 5 hours ago
Middle East War, Not Ukraine, Driving Oil Price Surge
ABC reports geopolitical attribution of oil-price inflation: while Ukraine narratives dominate headlines, market participants recognize Middle East conflict as the actual driver. Oil tanker rates hit record $1.4M daily; Fed and central banks reassessing inflation risks. BOC speakers due 14–16 Oct will signal how Canadian policy responds to energy-cost persistence.
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