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Supply shock: The Iran war will change the oil market forever
The latest International Energy Agency assessment of the oil market points to a continuing shortfall of oil supply, and higher prices, even if the war were to end next month.
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fortune.com
A second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting? | Fortune
“The market has been complacent,” Chen Chien-Ming, an associate professor at NTU, says, blaming investors' "wishful thinking that the war will soon end.”
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energyintel.com
EIA Adjusts Outlook to Account for Longer Mideast Outages
The US agency made huge revisions to its global oil supply, demand and inventory projections as a result of the Mideast war and closure of the Strait of Hormuz.
