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Bombs to ”ceasefire” in hours – Brent below $70

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Publicerad: 24 Jun 10:33

A classic case of “buy the rumor, sell the news” played out in oil markets, as Brent crude has dropped sharply – down nearly USD 10 per barrel since yesterday evening – following Iran’s retaliatory strike on a U.

S. air base in Qatar.

The immediate reaction was: “That was it.

” The strike followed a carefully calibrated, non-escalatory.

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Bombs to ”ceasefire” in hours – Brent below $70

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