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Iran, oil and markets: after the turmoil, the time of truth.The confirmation of the disappearance of the Iranian Supreme Leader and the ongoing uncertainty in the Middle East are redefining global balances today. The Organization of the Petroleum Exporting Countries (OPEC) announced an increase in its production to offset supply risks, which temporarily stabilizes prices.
1. Oil markets
Tomorrow and in the coming days, prices are expected to remain volatile but contained as the increased supply from OPEC tempers the rises. Political risks: the Strait of Hormuz and regional escalation continue to support prices.
Iran, oil and markets: after the turmoil, the time of truth.
The confirmation of the disappearance of the Iranian Supreme Leader and the ongoing uncertainty in the Middle East are redefining global balances today. The Organization of the Petroleum Exporting Countries (OPEC) announced an increase in its production to offset supply risks, which temporarily stabilizes prices.
1. Oil markets
Tomorrow and in the coming days, prices are expected to remain volatile but contained as the increased supply from OPEC tempers the rises. Political risks: the Strait of Hormuz and regional escalation continue to support prices.
1. Oil markets
Tomorrow and in the coming days, prices are expected to remain volatile but contained as the increased supply from OPEC tempers the rises. Political risks: the Strait of Hormuz and regional escalation continue to support prices.
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