Barron’s (June 19)
2025/ 06/ 21 by jd in Global News
“The escalating conflict between Israel and Iran has sent oil prices higher over the past few days. If history is anything to go by, the pressure it’s putting on global energy costs will fade before too long.” Immediate fears of a shortage “are usually exaggerated–the risk that geopolitical events create a shortage of crude almost never materialize, even though that’s always the first thing on traders’ minds.”
Tags: Conflict, Crude, Energy costs, Escalating, Exaggerated, Fears, Geopolitical events, History, Iran, Israel, Oil prices, Pressure, Risk, Shortage, Traders
