'Frantic' Markets Seek Clarity On Oil Supply

Iran's continued targeting of key Gulf oil infrastructure has left traders struggling to produce accurate supply forecasts, increasing near-term uncertainty in crude availability. Expect higher price volatility and potential upward pressure on oil and energy-sector assets until attacks cease or supply visibility improves.

Analysis

Iran's continued targeting of key Gulf oil infrastructure has left traders struggling to produce accurate supply forecasts, increasing near-term uncertainty in crude availability. Expect higher price volatility and potential upward pressure on oil and energy-sector assets until attacks cease or supply visibility improves.