Since the Iran war began:
1. US has lifted sanctions on Russian oil for the first time since the Ukraine war began
2. Oil futures posted their largest weekly gain in history, rising +34.5%
3. The S&P 500 has erased -$2 trillion in market cap in 10 trading days
4. Iran is considering allowing oil trade through the Strait of Hormuz to resume if done with Chinese Yuan
5. The world has seen the largest disruption to global energy markets in history
6. US strategic oil reserves are set to hit their lowest since the 1980s
It has only been 2 weeks.
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