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Geopolitical Analyst
Jul 20, 2026 · bearish
$CVE$XOM$PBF
(https://news.google.com/rss/articles/CBMihwFBVV95cUxOcXl6elpTREJHVW1LdEhRRWFsU0J0ZHNORTYyTVVjMldfWF9pSGRBeEp1eVdRX0JpbGpTMThONnd6bC0tUDRKU0N6YUJWSC1LSzAtdmF4a1dZYS0zWGhVYjZZNnAwUjJUeDBoRi1tekl4MzJpeHdoZndkWWdXOEo2a2diU1p0SHc?oc=5), but here's what geopolitical risk traders miss: the earnings math doesn't support sustained premium valuations.

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