- Entry
- $28.42
- Final
- $0.00011854 -100.0%
- Target
- $60.00
- Score
- -0.90
Much attention has been giving to Trump's recent build up in Iran, pushing up oil to nearly $70/b. This is an overreaction as it ignores Trump's typical playbook, near term geopolitical headwinds, and the fundamental change in oil producing nations. **Iran - a classic example of the TACO trade** I don’t understand how people have forgotten this isn’t new, Trump struck Iran just 6 months ago. His response was carefully crafted in order to claim victory, but minimise escalation. Accordingly, …
— ORIGINAL POST ·
Oil is mispriced - ignore headlines and look at fundamentals
· r/wallstreetbets
· Feb 28, 2026