Why the oil and gas price shock from the Iran war won’t just fade away

Why the oil and gas price shock from the Iran war won’t just fade away

Rerouting and diversification cannot help when a significant chunk of oil and gas have been taken off the market.

The US-Israeli war on Iran will have a profound impact on the global energy markets. It has already sent the price of the benchmark Brent crude oil soaring to nearly $120 per barrel, close to its hig… [+6541 chars]