Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil
By Irina Slav – Jan 17, 2026, 6:00 PM CST Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control. Rising inventories, sanctioned crude weighing on tanker data, and new Venezuelan barrels reinforce oversupply fears. Geopolitical risks still lurk, from Iranian unrest to drone attacks near key export routes, but so […]
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