Aug 29, 2022 - 6 min
The world appeared to have become oblivious to the geopolitics of oil. Now it can’t be ignored. "There is no particular reason to expect that Iran’s retaliation will target oil, except that even the best guarded of the industry’s installations have been shown to be vulnerable and the steady stream of oil tankers passing through the Strait of Hormuz presents multiple opportunities to disrupt flows." Julian Lee writing in Bloomberg explains why, following the assassination Qassem Soleimani, oil markets should be jittery.
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