No huge oil price spike - how the market outmanoeuvred worst-case...

added a post in Business

2025-06-25 07:00:13 -

No huge oil price spike - how the market outmanoeuvred worst-case scenarios

Oil markets quickly recovered after Israel's strike on Iran, with Brent crude falling below $70 a barrel. Tehran's muted response, including a symbolic missile attack, eased fears of supply disruptions. The global oil system proved resilient due to increased US production, OPEC+ output, and strategic reserves, suggesting a larger crisis is unlikely despite existing geopolitical tensions.

0 Commentaires 0 Parts 41 Vue 0 Aperçu