“Oil prices have quickly jumped $1.00 per barrel on the news in a knee-jerk reaction to the uncertainty”
Deflection.
No, oil and everything has gone up because the Euro QE is buying 50 Billion in bonds per MONTH, without any verified structural changes.
Same scam as in the U.S. that has consumers paying triple grocery bills and more, and sustained government big pensions, positions, and salaries, Exempt-Care.