'Both Sides Are Lying': Fereidun Fesharaki on Oil Flows

Oil prices are being driven more by sentiment than physical supply/demand moves as the US-Iran conflict continues, according to FGE NexantECA Chairman Emeritus Fereidun Fesharaki. His comments suggest geopolitical risk is supporting price volatility, but the article does not cite a new supply disruption or policy shift. Overall tone is neutral to cautious, with limited immediate market impact.

Analysis

Oil prices are being driven more by sentiment than physical supply/demand moves as the US-Iran conflict continues, according to FGE NexantECA Chairman Emeritus Fereidun Fesharaki. His comments suggest geopolitical risk is supporting price volatility, but the article does not cite a new supply disruption or policy shift. Overall tone is neutral to cautious, with limited immediate market impact.