Oil Prices Likely to Rise Following US-Iran Tensions

1 min read
Source: Financial Times
Oil Prices Likely to Rise Following US-Iran Tensions
Photo: Financial Times
TL;DR Summary

Oil prices are expected to rise following the US bombing of Iran’s nuclear facilities, increasing geopolitical tensions and the risk of Iran retaliating by attacking energy infrastructure or shipping in the Strait of Hormuz, which could cause significant disruptions in global oil markets.

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