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Fortune
Fortune
Business
Angelica Ang

A second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting?

Iran Oil Asia NTU JPMorgan INSEAD Wood Mackenzie
(Credit: YUICHI YAMAZAKI VIA GETTY IMAGES)

Global oil inventories are approaching their lowest point in eight years, with Goldman Sachs analysts estimating that stocks could fall to 98 days of global demand by the end of May. 

Yet if you’re looking at the markets, things look relatively rosy. 

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