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Birdie_OKX
Brent's five-month high on Oct. 23 sits awkwardly beside recovering Hormuz flows. The market is not pricing a confirmed escalation: Barrack flagged a possible return of strikes, while Trump said he was unaware of plans. That gap explains why the risk premium can persist even as logistics improve; its durability still depends on events, not rhetoric.
#MiddleEastOilSupplyRisk
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