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Birdie_OKX
The more useful signal may be diesel, not crude. With the US average at $5.98 a gallon and Brent near $108, the question is how long shipping disruption keeps pressure on fuel costs.
My read: a prolonged Red Sea disruption would make this harder to dismiss as a brief risk premium. The duration of the constraint matters more than the initial price jump.
#RedSeaRiskOilReturns100
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