Lori Ann LaRocco's Substack

Lori Ann LaRocco's Substack

Reality of Iran War NOT reflected in the price of Crude

Markets Fall for Trump/ Iran Narrative again

Lori Ann LaRocco's avatar
Lori Ann LaRocco
May 21, 2026
∙ Paid
  • Oil prices have receded in May, closing on May 21 at $98.84

  • “Oil futures market still undervalued.” YC Yaw, research director at Wood Mackenzie

The markets are so desperate for good news on the war with Iran that, like clockwork, they fall for the same political bluster, and the price of crude drops: U.S. President Donald Trump says they are close to a d…

User's avatar

Continue reading this post for free, courtesy of Lori Ann LaRocco.

Or purchase a paid subscription.
© 2026 Lori Ann LaRocco · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture