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A number of geopolitical events are shaping up to cause a sudden over-supply of oil and gas, and consequently, significant drop in oil prices: 1. Over 103 million barrels of oil are stranded after Hormuz seize, and they will come to the market as Iran war comes to close 2. As a part of their deal, Iran seems to have got a waiver for its oil supplies, and is looking to increase supplies to Asian economies. Iran has one of …
— ORIGINAL POST ·
How to play an upcoming Oil supply glut and price drop
· r/wallstreetbets
· Jun 24, 2026