Post
Yuvi.
$CL
地缘风险反复，原油为什么仍是宏观交易的核心变量？
供应中断预期会推高风险溢价，并通过通胀影响利率与风险资产估值。若库存下降、运输风险上升，油价强势会向更多资产传导。
若停火进展明确、供应恢复且需求转弱，我会下调判断。
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