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The Cushion Is Gone and the Oil Market Is Now Exposed

ports_congestion UTC: 2026-03-27 22:00:00

The global oil market has been on a rollercoaster since late February, but the price reaction to the largest supply disruption in history has been relatively muted. The calm was not complacency; buffers were there to absorb the shock. But the system that held for four weeks is...

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