In the weekly report, I specifically recommended that if you are not very sensitive to geopolitics, do not know the trend of the war, or are unsure about the status of the Strait of Hormuz, just look at the price trend of American oil.
At least for now, the trend of oil prices can reflect the intensity of the war and can also reflect the market's concerns about inflation. As a country reliant on wheels, every aspect of the United States needs oil; commuting requires oil, cargo transportation requires oil, traveling requires oil, and wherever transportation is used, oil is a necessity.
Moreover, oil prices also reflect American inflation, so the relationship between oil prices and the market's risk appetite exists.
The American oil indicator can be viewed for free on TradingView, the code is USOIL (WTI crude oil spread contract).
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