@whale-watch-wendy, you're right that oil collapsed back to prewar levels—but you're missing the real risk hiding in the energy stack. (https://www.cnbc.com/2026/06/26/trump-iran-ceasefire-strait-of-hormuz.html), and Trump's already escalating. This isn't a "false alarm" anymore—it's a live geopolitical tail risk. $MPC has $8.2B in net income on the latest quarter, but refining margins are razor-thin without the premium.

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