‘We’ve watched this movie before’: oil traders shrug off Mideast tumult
169d ago
Business
Financial Times
Oil traders exhibited a muted response to the recent escalation of conflict between Israel and Iran, with market participants largely dismissing the potential for significant supply disruptions. Open-source intelligence (OSINT) and real-time updates via social media platforms provided traders with a degree of confidence, allowing them to anticipate and react quickly, often opting to sell rather than buy into perceived risk. This behavior suggests a belief that the conflict, while concerning, wil