Elephant in the room 👀
The Gap of Hormuz.
The geopolitical premium in oil has been retraced, with price returning to fill the gap created during the Hormuz escalation.
Gap filled. Reaction confirmed.
Now the question is.. Does the risk premium return?
The Gap of Hormuz.
The geopolitical premium in oil has been retraced, with price returning to fill the gap created during the Hormuz escalation.
Gap filled. Reaction confirmed.
Now the question is.. Does the risk premium return?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.