Iran & Oil: A Few Thoughts (and a Watchlist)

Then, a pause. A five-day postponement of potential military action, apparently prompted by some dialogue. Which, in the world of international relations, is a bit like discovering a polite driver in a rush hour. The markets, predictably, reacted. Oil prices dipped, and oil stocks followed suit. It’s a reminder that markets don’t so much predict the future as react to the slightly less terrifying version of the present.






