05/08/2026
Every barrel of oil carries two prices.
The first is what supply and demand say it is worth today. The second is an insurance charge for what might go wrong tomorrow.
That second price is the war premium. It is how professional desks price conflict before a single tanker is delayed.
Our latest article breaks down how geopolitical risk becomes a real number on the oil curve, and what that means for South African traders watching fuel prices climb.
Read it here:
π https://smarttradecapital.co.za/blog/geopolitical-risk-premium-commodities