Comment / On the wires: Extended pain for container lines if the oil spike isn't just a spike into 2020

“Saturday’s attack will encourage markets to re-examine the need for considering an oil geopolitical risk premium”, Eurasia Group analysts said as reported by Marketwatch on 15 September in a story headed “US oil’s 10% surge after Saudi attack puts it on track for the biggest daily gain in 3½ years”.

That was quick: in one of those rare predictive remarks I made early this month, I wrote that oil prices still remained the gauge of fear “for those who believe that geopolitical risk could lead ...