Geopolitical··Severity 8
Latest Oil Market News and Analysis for July 29
Oil held the bulk of a three-day decline on optimism that the US and Iran may be able to forge a diplomatic solution to end the war in the Middle East, with the conflict now in its sixth month.
Scenario chain
Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.
A
59%Эскалация
Forecast derived from cascade analysis. Watch confirmation indicators below.
Primary source: Bloomberg Markets
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