Oil Prices: Why the Market Isn't Panicking Yet

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Despite ongoing tensions involving Iran and fears of a major oil shock, crude prices haven't surged the way many expected. This commentary explores why oil markets often move contrary to popular predictions, the role of global inventories and strategic reserves, and the lessons traders learned from the First Gulf War. It also examines how politics, market psychology, and geopolitical negotiations could send oil prices sharply higher—or back toward $60 a barrel—while highlighting why a spike to $150 oil would threaten the global economy.