A conflict involving the US, Israel and Iran has choked oil shipments through the Strait of Hormuz, sending gasoline, diesel and jet fuel prices higher. The resulting supply shock raises near-term energy-price inflation risk, boosts oil and refined-product market volatility, and increases fuel cost pressure on transportation sectors including airlines.
A conflict involving the US, Israel and Iran has choked oil shipments through the Strait of Hormuz, sending gasoline, diesel and jet fuel prices higher. The resulting supply shock raises near-term energy-price inflation risk, boosts oil and refined-product market volatility, and increases fuel cost pressure on transportation sectors including airlines.
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strongly negative
Sentiment Score
-0.60
