Trump’s Iran war oil price shock could have been worse. Big Oil members of the Forbes Global 2000 will enjoy years of elevated demand as inventories rebuild from ‘tank bottoms.’

Trump’s Iran war oil price shock could have been worse. Big Oil members of the Forbes Global 2000 will enjoy years of elevated demand as inventories rebuild from ‘tank bottoms.’

Despite the biggest supply shock in history, the oil market turned out to be significantly more flexible than most experts anticipated.