Saturday 4 January 2020

Analyst View: What rising Middle East tensions mean for oil market - Reuters

Analyst View: What rising Middle East tensions mean for oil market - Reuters:

The United States launched an air strike against a leading Iranian military commander on Friday, heightening fears of a conflict escalation in the Middle East that could hurt crude supplies in the region.

Iran promised vengeance after a U.S. air strike in Baghdad killed Qassem Soleimani, Tehran’s most prominent military commander and the architect of its growing influence in the Middle East.

Here is what analysts expect in terms of market response:

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