Financial Times on Nostr: nostr:note1039e74eje2ap7lse5y66ufsgpeuug5p5azu5hwzfqkfq5kckcues6n0v9q

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Soaring Olive Oil Prices Impact Mediterranean Sales and Consumption
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#90ba91a2 ver:0.27

Geopolitical tensions in the Middle East are causing volatility in oil prices, impacting the Mediterranean olive oil market. Rising prices have led to a decrease in sales and consumption of olive oil, as consumers switch to cheaper alternatives. The industry is also facing challenges from weather conditions and pests. The conflict could widen and potentially lead to an oil embargo, further driving up prices. Investors should consider buying energy stocks like Callon Petroleum and selling tanker stocks like DHT. #MiddleEast #OilPrices #OliveOil #Conflict...

#newstr #GeopoliticalTensions #OpecStrategy #OilPrices #MiddleEast #Mediterranean #OliveOil #SeedOils #SupplyAndDemand

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