Hmmm, let’s take a closer look

We begin telegraphing days before the weekend that Iran and Isreal are about to engage in serious conflict. We let the markets price that in before the close on Friday. On Saturday Iran launches a feeble drone attack that is easily shot down by Isreal. By Sunday morning, we are informed that the impending war is over and we can all return to the status quo. And what is the only thing that takes a massive hit to the downside as it’s poised to explode to the upside because it’s production supply is about to drop to 50% sometime next week and it just happens to be the only asset that trades over the weekend?