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There’s War in the Middle East. Why Are Oil Prices Falling?

Big Take

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Oil Prices and Geopolitical Shifts

This chapter explores the surprising decline in oil prices during Middle Eastern conflicts, challenging traditional market reactions. It examines the impact of the U.S. shale revolution on oil production and market dynamics, alongside the altered psychological responses of traders. Additionally, the discussion highlights the implications for U.S. foreign policy and economic stability in light of current pricing trends.

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