Modern Diplomacy

Did Oil Markets Bet on Trump and Win on Iran War Pricing? (opens in new tab)

Oil markets experienced extreme volatility during the Iran war, which disrupted global energy flows after the Strait of Hormuz was effectively closed following U.S.-Israeli strikes. The blockade removed a significant share of global crude oil and liquefied natural gas (LNG) supply, creating one of the largest supply shocks in modern energy history. Benchmark Brent crude […] The post appeared first on .

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