Clock Is Ticking On Iran's Oil Leverage

James FoordInvesting Group LeaderFollow5ShareSavePlay(8min)Comments(2)SummaryOil prices appear close to topping as Strait of Hormuz disruptions ease and global supply routes normalize.Iran's leverage over oil flows is peaking, incentivizing it to monetize before alternatives diminish its power.Technical analysis of USO shows bearish divergence and momentum loss, aligning with fundamental supply improvements.A shift from 'long oil, short growth' to favoring tech and long-duration assets could emerge if oil declines.Looking for a portfolio of ideas like this one? Members of The Pragmatic Investor get exclusive access to our subscriber-only portfolios. Learn More » hernan4429/iStock via Getty Images Thesis Summary While everyone is calling for $200 oil, I believe this energy crisis could be nearing an end. This makes sense when we look at fundamentals and also technicals. As I write this, oil isThis article was written byJames Foord27.67K FollowersFollowJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth.

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