Podcast: Iran signs, crude breaks $80, but we’re now oversold.
Felipe Elink-Schuurman, Neil Crosby and James Noel-Beswick dig into the signed Iran-US MOU and a market pricing rapid de-escalation. Crude under $80, Dubai swaps in contango, an oversold barrel. They weigh whether Hormuz reopens cleanly or shipping delays keep oil short for longer.
Key Takeaways:
▸ The Iran MOU – what’s actually signed, and what isn’t.▸ Hormuz – why reopening doesn’t mean max oil flows next month.▸ The oversold barrel – where crude, gasoline, diesel, and fuel oil go next.
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