Royal Bank of Canada(US:RY) news flash·2025-06-16 06:33Core Viewpoint - The ongoing conflict between Israel and Iran poses significant risks to oil supply in the Middle East, with energy infrastructure now clearly becoming a target for attacks [1] Group 1: Conflict Impact on Energy Supply - The report highlights that both Israel and Iran targeted energy infrastructure on the second day of the conflict, raising concerns about the stability of oil supply [1] - Analysts suggest that Israel may consider attacking Iran's Khark Island hub to disrupt crude oil flow, while Iranian proxies might target energy facilities in Iraq [1] Group 2: Market Reactions and Risks - The crisis has prompted banks to evaluate various potential outcomes, including the possibility of disruptions in oil transportation through the Strait of Hormuz [1] - There is an amplified market concern regarding the risk of the "closure of the Strait of Hormuz," especially if regime change becomes a core objective for Israel [1]