Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

Nevoral

June 28, 2026

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed
Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

June 28, 2026

Nevoral

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

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Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are leaving the Persian Gulf in growing numbers. And yet Iran just struck a commercial ship in Hormuz…
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