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Crude Jumps, Stocks Dump As US Envoy Says “Invasion Imminent” (Again)

Here we go again…

US envoy to UN, Linda Thomas-Greenfield, told reporter (and anyone who’ll listen) that “Russia is moving towards imminent invasion,” adding that “this is a crucial moment.”

Haven’t we heard that before?

Reaction was immediate with stock exposure being derisked…

And the geopolitical risk premium pricing back into crude…

Will it even matter if anyone denies?

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