09-10-2023, 01:45 PM
Oil Prices
The impact would depend on the duration and intensity of the conflict, as well as whether it spreads to other parts of the region – which is home to major oil producers like Iran and Saudi Arabia plus major shipping lanes that run through chokepoints at the Strait of Hormuz, Bab-el-Mandeb, and Suez Canal.
https://www.foxbusiness.com/economy/midd...ic-outlook
The impact would depend on the duration and intensity of the conflict, as well as whether it spreads to other parts of the region – which is home to major oil producers like Iran and Saudi Arabia plus major shipping lanes that run through chokepoints at the Strait of Hormuz, Bab-el-Mandeb, and Suez Canal.
https://www.foxbusiness.com/economy/midd...ic-outlook