Podcast: The ceasefire is dead. Why is crude still asleep?
Felipe Elink Schuurman, Neil Crosby and Jay Maroo on the collapsed Iran ceasefire, Brent’s jump from 72 to 85, and the market fatigue no one’s pricing. Diesel cracks and gasoline spreads hit records while crude stays quiet, with the Russian diesel ban now double the Hormuz problem.
Key Takeaways:
▸ Diesel – the Russian ban that’s double the Hormuz problem
▸ Crude – why 85 still looks asleep
▸ Gasoline – cracks at ten-year highs, and who dares buy
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