Triple-Digit Oil: What the Iran Conflict Means for Energy Markets and the Global Economy
With the Strait of Hormuz effectively closed, everyone wonders what that means for economies and households around the world.
With the Strait of Hormuz effectively closed, everyone wonders what that means for economies and households around the world.
Why have oil prices continued to climb in spite of the IEA’s intervention?
The moves were driven overwhelmingly by two instruments: oil, where traders rushed to reprice regional supply risk, and gold.