MNI: What Renewed U.S.-Iran Tensions Could Mean for Oil & Gas

Feb-03 18:48By: Lawrence Toye
GasoilOil PositioningOPECGasoline+ 9

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Executive Summary:

  • As U.S. forces amass in the Middle East, the market considers rising risks of a renewed Iran conflict.
  • While talks are set to restart, the diplomatic process remains fragile.
  • U.S. kinetic strikes could target regime leadership or squeeze revenues by hitting oil infrastructure.
  • Iran has vowed to respond to any attack, putting key Middle East energy infrastructure in the cross hairs.
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