JP Morgan warns that a U.S./Israeli seizure of Kharg Island could stall Iran's oil exports and cut its output by roughly 50%, and would likely trigger retaliatory attacks from Tehran on regional oil infrastructure. Such a development would present a material upside shock to oil prices and significant supply-chain and regional energy-security risks.
JP Morgan warns that a U.S./Israeli seizure of Kharg Island could stall Iran's oil exports and cut its output by roughly 50%, and would likely trigger retaliatory attacks from Tehran on regional oil infrastructure. Such a development would present a material upside shock to oil prices and significant supply-chain and regional energy-security risks.
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