Scary, huh, guys? Diesel prices have plunged, and it turns out it’s not because of the Middle East conflict, but because Russia and the U.S. joined forces to seal a “diesel deal”!
Russian Foreign Minister Lavrov himself just confirmed that the diesel deal with the United States under President Trump is working smoothly. A warmongering dictator and a dealmaker who breaks his word bought and sold millions of barrels of oil, and now that prices are falling, they’re crowing that it’s because they’re in cahoots. Clever, huh?
What should traders do? Macroeconomic pressures may ease, paving the way for capital to flow into riskier assets like crypto. Keep your risk management tight, and look to accumulate energy and payments infrastructure coins when prices pull back to attractive levels. This is not financial advice.
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