Israel and Iran’s escalating conflict is putting global oil and gas supplies firmly in the crosshairs
Israel and Iran’s escalating conflict is putting global oil and gas supplies firmly in the crosshairs
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Financial markets are increasingly pricing in a favorable strategic outcome for Israel despite growing economic strains from…
Fears grow of potentially imminent Israeli attack on Iran’s nuclear facilities – and the retaliation Tehran would unleash
Conflict in the Middle East often leads to higher wholesale energy prices, which can feed through to inflation.
Israel’s strike on Iran, and Tehran’s subsequent retaliation fuel fears of Strait of Hormuz trade disruptions.
The conflict has already led to the suspension of almost a fifth of global crude oil and natural gas supply.
Several buyers and sellers of Mideast crude say they are monitoring and evaluating the fast-developing situation.
Israel’s Iran Strikes Prompt Mixed Oil Market Response
