Maybe I’m missing something here but I see this as making prices more stable but not necessarily significantly lower
Price increases since start of the Iran war...
Sulfur: +95%
European Natural Gas: +59%
WTI Crude Oil: +58%
Jet Fuel: +56%
Heating Oil: +56%
Gasoline: +52%
Diesel: +51%
Brent Crude Oil: +50%
Urea: +24%
Rice: +21%
Fertilizer: +20%
Iron Ore: +12%
Coal: +10%
Palm Oil: +9%