Markets are still underpricing Iran war risks, investors warn as oil fluctuates around four-year high
Fresh concerns about the trajectory of the U.S.-Iran war sent Brent crude futures to a four-year high on Thursday. Furthermore, experts in wall street note the continued relevance.
The oil sector remains in a state of backwardation, signaling a broad expectation of an impending resolution to the conflict.
But marketplace watchers told CNBC on Thursday that investors may be underpricing the long-term implications of the war for the economy and markets. This also touches on aspects of bull market.
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