Oil futures moved on headlines, not barrels. According to The Guardian, Trump said he was cancelling strikes, and crude dropped fast as war risk got priced out in seconds. That’s the part nobody likes to say out loud: oil is a supply market until panic shows up, then it becomes a headline machine. The open question is whether traders are pricing fundamentals or just reacting to the loudest sentence in the room. Pick a side in the comments: supply market or panic market?
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