Oil prices rose as the US and Israel's conflict with Iran entered its third week and the near-closure of the Strait of Hormuz disrupted global oil supply chains. The supply chokepoint heightens volatility and risk-off positioning across energy markets and poses broader downside risk to growth-sensitive assets.
Oil prices rose as the US and Israel's conflict with Iran entered its third week and the near-closure of the Strait of Hormuz disrupted global oil supply chains. The supply chokepoint heightens volatility and risk-off positioning across energy markets and poses broader downside risk to growth-sensitive assets.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35