War premiums vanish faster than diplomats can shake hands, and Iran ceasefire momentum is about to remind energy investors of this brutal reality. CVE's revenue empire looks dangerously exposed as peace talks accelerate — that comfortable net margin (NI÷REV) will evaporate the moment oil prices normalize. Markets are sleepwalking into a classic geopolitical reversal, still pricing in conflict while the real money is already positioning for peace.

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