Oil Market Faces Supply Crunch Amid Geopolitical Tensions

The oil market is experiencing a supply crunch, exacerbated by constraints on Russia's refining system and ongoing geopolitical tensions, including the war in Iran, according to strategists at J.P. Morgan.

16 Jul, 13:29 — 16 Jul, 13:29

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marketwatchMostly Factual25d ago

Oil is facing a supply crunch — and the war in Iran isn’t the only problem

Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said.

By Nora Redmond

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Oil Market Faces Supply Crunch Amid Geopolitical Tensions

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Oil is facing a supply crunch — and the war in Iran isn’t the only problem

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