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This is absolutely CRAZY.
Today we saw the biggest swing in the history of oil.
First, the Oil prices exploded +31% from $91 to $119, due to the US-Iran war and closure of the Strait of Hormuz.
But then Oil crashed -32% in 19 hours
after:
- the G7 countries announced a release of 400 million barrels of oil
- Trump signaled an end to the war.
#GlobalOilPricesSurgePast$100