← Cascade Narratives

> Convergent Oil Risk Premia Sustain Brent Above $95 and Feed US Inflation

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Gulf shipping risk and Black Sea strike exchanges are independently underpinning a Brent price floor above $95, which in turn sustains elevated US inflation.

// Cascade Logic

Hormuz shipping squeeze AND Black Sea strike-driven insurance costs both → Brent sustained above $95 → higher energy costs → sticky US CPI.