Bitcoin and other risk assets have been whipsawed by President Donald J. Trump’s shifting rhetoric on Iran. Here are some indicators that help cut through the noise. Bitcoin and other risk assets have been whipsawed by President Donald J. Trump’s shifting rhetoric on Iran, but underlying oil-market fundamentals are turning decisively negative. Emergency releases from strategic petroleum reserves that have been offsetting the loss of Strait of Hormuz flows are likely to be exhausted within weeks…
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