Wall Street's scenarios for the Israel-Iran conflict from here and its impact on the oil market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 72%

ICE Brent Crude (Apr'23) Nachrichten

WTI Crude (Mar'23),Investment Strategy,Energy

How Israel responds to Iran's attack will be key to where oil prices move from here.

The oil market has brushed off Iran's weekend air assault against Israel, with futures trading as much as 1.5% lower on Monday. Where prices go from here, however, depends on how Israel responds. Crude oil futures had already priced in the risk as Iran had telegraphed an attack was looming, according to Maximilian Layton, head of commodities strategy at Citi. U.S.

"The attack is seen as potentially rewriting the rules of engagement between the two countries and could trigger an Israeli response that threatens a full-scale regional war," Kaneva told clients in a note. Attack 'well-telegraphed' Iran's attack, though unprecedented, did little actual damage as Israel and the U.S. intercepting nearly all the drones and missiles.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen