High oil price volatility in next few days, warns Lambert

A 2-week ceasefire between the U.S. and Iran was discussed by Jean‑François Lambert of Lambert Commodities on Europe Early Edition. The temporary pause in hostilities could reduce geopolitical risk premia in oil and commodity markets, easing upward pressure on crude prices and altering near-term regional supply and trading flows. Portfolio managers should monitor short-dated energy forward curves and positioning for volatility shifts while treating the development as a temporary shock unless extended.

Analysis

A 2-week ceasefire between the U.S. and Iran was discussed by Jean‑François Lambert of Lambert Commodities on Europe Early Edition. The temporary pause in hostilities could reduce geopolitical risk premia in oil and commodity markets, easing upward pressure on crude prices and altering near-term regional supply and trading flows. Portfolio managers should monitor short-dated energy forward curves and positioning for volatility shifts while treating the development as a temporary shock unless extended.