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Why an Iraqi supertanker could ease pain at the pump

THE STREET·May 26 ago·3 min read
Photograph via The Street
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Markets are very good at panicking quickly and very bad at calming down slowly. A crisis hits, prices jump in a day, and the unwinding takes months of small, boring evidence that the worst case is not actually playing out. For roughly three months now, the Strait of Hormuz has been the most …

Markets are very good at panicking quickly and very bad at calming down slowly. A crisis hits, prices jump in a day, and the unwinding takes months of small, boring evidence that the worst case is not actually playing out. For roughly three months now, the Strait of Hormuz has been the most …

Markets are very good at panicking quickly and very bad at calming down slowly. A crisis hits, prices jump in a day, and the unwinding takes months of small, boring evidence that the worst case is not actually playing out. For roughly three months now, the Strait of Hormuz has been the most …

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