President Donald Trump has confirmed that the U.S., in coordination with Israel, has conducted three strikes on Iranian nuclear facilities.
Will there be panic buying of WTI and Brent at the open?
In response, Iran’s parliament has approved a proposal to close the Strait of Hormuz, a key global oil shipping route. The final decision lies with Iran’s Supreme National Security Council and Supreme Leader Ayatollah Ali Khamenei.
If a blockade is enforced, oil prices could rise sharply. ClearView Energy Partners estimates a short-term closure could add between $8 and $31 per barrel. JP Morgan has suggested that a full-scale conflict and complete shutdown could drive prices to $130.
Will there be panic buying of WTI and Brent at the open?
In response, Iran’s parliament has approved a proposal to close the Strait of Hormuz, a key global oil shipping route. The final decision lies with Iran’s Supreme National Security Council and Supreme Leader Ayatollah Ali Khamenei.
If a blockade is enforced, oil prices could rise sharply. ClearView Energy Partners estimates a short-term closure could add between $8 and $31 per barrel. JP Morgan has suggested that a full-scale conflict and complete shutdown could drive prices to $130.
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Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
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Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
