Key Insights on Energy

US and Iran finalized a deal to extend ceasefire and reopen Strait of Hormuz, causing oil prices to drop 4% to $84/barrel

• Hyperliquid provided 24/7 oil price discovery during weekend strikes, with Bloomberg quoting their data for market analysis
• Oil prices approaching $100 could trigger 'massive amounts of issues in broader economic situations' affecting all risk assets
• The targeting pattern suggests economic motives: leadership decapitation, naval assets, but notably avoiding oil infrastructure
• China buys 90% of Iran's oil exports, making Iran essentially a gas station for China's energy needs
• The White House website still claims Iran's nuclear capability was 'fully obliterated' in June 2025
• America inherited the British global system seamlessly, with nuclear programs, financial centers, and intelligence operations transferring from London to Washington
• U.S. Energy Department forecasts petrol prices won't return to pre-war levels until end of 2027, diesel until mid-2027

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