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CIBC Private Wealth Trader Says Iran Strike Could Move Crude Prices

According to senior energy trader Rebecca Babin at CIBC Private Wealth, a strike on Iran could have a meaningful impact on global crude oil prices.

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Terms & Concepts
  • Geopolitical risk premium: Additional price impact in commodities when geopolitical tensions threaten supply.
  • Crude oil: Unrefined petroleum used to produce fuels; prices often react to Middle East conflicts.
  • Stablecoin: A price-pegged cryptocurrency designed to maintain stable value against assets like the U.S. dollar.