It’s like the sun exploding: One Wall Street firm fears $200 oil — and says it’s not too late for investors to prepare

The supply disruptions, according to one client at Citi, are akin to the sun exploding. - Getty Images/iStockphoto The fighting continues in the Middle East, and oil’s back on the move, as the clock ticks on President Donald Trump’s five-day deadline for resolving differences with Iran. That’s the backdrop for Wall Street giant Citi’s 165-page opus on the global commodities outlook, written by strategists led by Maximilian Layton. Most Read from MarketWatch “We posit that the ongoing loss of energy su ...