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BESSENT just said the U.S. may "unsanction"
US considering freeing up Iranian barrels while being in direct conflict with Iran just tells us how serious the supply shock is.
This is not a normal headline.
This is policymakers scrambling to stop oil from running even harder.
Oil inflation risk is becoming very real
with emergency supply measures already being discussed
if crude oil stays elevated, pressure spreads into rates, consumer spending, and risk assets like $BTC $ETH and #crypto in general.