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Oil, diesel and gasoline markets reportedly under strain as Iran war drags on

Jeff Currie says a disruption expected to be temporary has lasted seven or eight months, affecting the entire barrel.

Steve HankeSH
2 Sources, 6h ago, first seen 6h ago

TLDR

In comments shared by Steve Hanke, Jeff Currie said crude oil, diesel and gasoline markets were getting “more thinly stretched” as the war on Iran continued. Hanke separately claimed the war had sent mortgage rates soaring and was pricing an entire generation out of the housing market.

Combined views

27.3K

2 Sources, first seen 6h ago

135 likes24 comments8 saves30 reposts

Combined views

27.3K

2 Sources, first seen 6h ago

135 likes24 comments8 saves30 reposts

Sentiment

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Not enough discussion yet.

No sentiment analysis available yet.

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Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

2 Sources

Steve Hanke@steve_hankeCommodity market guru Jeff Currie on how the prolonged war on Iran is tightening the ENTIRE energy complex: “Whether you’re talking about diesel, crude oil, or gasoline, all of these markets are getting more thinly stretched. What was supposed to be a transient event has extended on 7 or 8 months and now is starting to have a substantial impact across the entire barrel.”6h
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    2 Sources

    Steve Hanke@steve_hankeCommodity market guru Jeff Currie on how the prolonged war on Iran is tightening the ENTIRE energy complex: “Whether you’re talking about diesel, crude oil, or gasoline, all of these markets are getting more thinly stretched. What was supposed to be a transient event has extended on 7 or 8 months and now is starting to have a substantial impact across the entire barrel.”6h
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