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Paul Sankey on Iran War, Hormuz Risks and Energy Price Spike

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsAnalyst InsightsTrade Policy & Supply Chain

Paul Sankey warned at CERAWeek that energy prices face upside risk if the Iran war leads to a disruption of tanker traffic through the Strait of Hormuz, raising supply-risk premia. His comments imply heightened oil-price volatility and underscore the need to monitor Middle East shipping chokepoints and energy market positioning.

Analysis

Paul Sankey warned at CERAWeek that energy prices face upside risk if the Iran war leads to a disruption of tanker traffic through the Strait of Hormuz, raising supply-risk premia. His comments imply heightened oil-price volatility and underscore the need to monitor Middle East shipping chokepoints and energy market positioning.

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