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Markets are "very focused on oil" amid Israel-Iran war
Yahoo Financeยท 2025-06-24 11:30
Geopolitical Risk Assessment - The US public desires a swift resolution to the conflict, similar to the Trump administration's approach [1] - There's a perception, supported by some evidence, that Iran is risk-averse in its actions [1] - Iran's capacity to significantly harm Israel or the US is considered limited [1] Oil Market Impact - The market is closely monitoring oil-related developments [1] - Iran's oil export capabilities remain largely unaffected by the US or Israel [2] - As long as Iran's oil exports are not targeted, a severe disruption of the Straits of Hormuz is deemed unlikely, preventing a significant oil price surge [2]