No
Is there really no end to this oil price?
Brent crude just broke through 114 last time 📈
It just pulled back and is starting to surge again 🚀
Are they really not planning to let it fall?
With crude oil rising like this
Is it really a shortage of oil
Or is the market afraid of a future shortage?
If it’s a real shortage
Then the oil price increase has solid supply and demand support
But if actual supply is recovering
And the market is just worried about the Middle East situation worsening again
Then part of the oil price is risk premium
The problem is
Risk premium can rise sharply
But once the situation eases
It can also fall quickly
There’s an even more troublesome aspect
The higher the oil price rises
The more the market worries about inflation rebounding
Making it harder for the Fed to cut rates
And the US stock market and Bitcoin might also come under pressure
So what’s most worth watching now
Is not whether crude oil can keep surging
But whether this wave of oil price increase
Has real supply and demand support
Or if the market is continuously adding a premium for geopolitical risk
These two scenarios
Have completely different impacts on the future market
#中东原油供应风险再起，油价持续走强$BTC
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