NewsDialy
Oil prices fell nearly 2% on Friday as traders chose to look through fresh tensions involving Iran and instead focused on the trajectory of global supply.
The move signals a meaningful shift in how markets are weighing geopolitical risk against the more immediate arithmetic of how much crude is actually available.
Why Supply Outlook Is Displacing the Geopolitical Premium A geopolitical risk premium is the extra price buyers pay for a commodity when conflict threatens its supply routes or production capacity.
For oil, the Middle East has historically been the region most capable of triggering that premium, given its share of global output and the critical shipping lanes that run through it.
Keep reading