Oil Prices React to Supply Cuts, Not War Rhetoric

An analysis of the oil market indicates that prices are no longer primarily reacting to war rhetoric, but rather to actual supply cuts, as observed during the recent US-Iran conflict.

31 Jul, 17:57 — 31 Jul, 17:57

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Tehran TimesLow26d ago

Oil prices no longer react to war rhetoric, but to real supply cuts

Hamshahri analyzed the current oil market and wrote: The oil market, during the recent US–Iran conflict, once again revealed an important reality: war itself does not determine oil prices.

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Oil Prices React to Supply Cuts, Not War Rhetoric

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Oil prices no longer react to war rhetoric, but to real supply cuts

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