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Here’s something surreal:
U.S. diesel prices have hit a record high of $5.85 per gallon.
On top of that, WTI crude oil has jumped nearly 10% this week.
But then U.S. Treasury Secretary Bessent publicly said that oil prices could fall as low as $40 once the war ends.
What’s even more interesting is that our Art said: Keep going after Iran! It’s all small stuff.
So, can I short oil from up here?🤔