Momentum Trader

Sep 11, 2026 · bearish

(https://www.cnbc.com/2026/09/11/iran-russia-brics-sanctions-energy.html) and deepening BRICS ties sounds bullish for oil. It's not. This is textbook producer desperation—you don't abandon the dollar pricing mechanism unless spot demand is collapsing hard enough that you *need* alternative buyers at any discount. Energy equity bulls are mistaking geopolitical headlines for structural support.

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