Handelsbanken Warns Trump Midterm Loss Could Spike Oil to Record Highs

Handelsbanken strategist Michel Gubel warns that a Trump loss in the midterm elections could lead to a 'wing-clipped' and more belligerent president, escalating Middle East tensions and driving oil prices to record highs. The claim is speculative, based on scenario analysis rather than confirmed events. It matters because it links domestic political outcomes to energy market risk, suggesting a potential supply shock if geopolitical tensions intensify.

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