Oil Prices Drop Despite Damage to Saudi Oil Infrastructure Amid Iran War Concerns

Despite serious damage to Saudi oil assets and no settlement in sight for the Iran war, oil prices have dropped, with investors seemingly ignoring the severity of the situation.

28 Jul, 10:57 — 28 Jul, 10:57

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naked-capitalismMixed20d ago

Iran War: Despite Serious Damage to Saudi Oil Infrastructure and No Settlement in Sight, Oil Prices Drop; Netanyahu to Talk War with Trump

Today's Iran war news: The press and investors weirdly ignore serious damage to Saudi oil assets and instead trust the negotiations fairy.

By Yves Smith

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Oil Prices Drop Despite Damage to Saudi Oil Infrastructure Amid Iran War Concerns

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Iran War: Despite Serious Damage to Saudi Oil Infrastructure and No Settlement in Sight, Oil Prices Drop; Netanyahu to Talk War with Trump

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