This time around, instability in the Middle East is far more severe and widespread. But there appears to be no “fear premium” on oil prices; on the contrary, oil prices have declined sharply since 2014.
这一回，中东的动荡远比此前几次更严重、范围更广。但石油价格并未出现“恐慌溢价”；相反，2014年以来油价大幅下跌。为什么？