Globalan hour ago

🔺 Rising oil flows through Hormuz don't mean Iran has lost its leverage, argues sanctions expert Esfandyar Batmanghelidj of the London-based Bourse & Bazaar Foundation, rebutting claims Iran has "lost control" of the strait.

Iran retains "undiminished capabilities" to strike Gulf oil infrastructure, he wrote, and could if Trump won't take a diplomatic off-ramp, as with the 2019 attacks on Saudi Aramco's Abqaiq and Khurais facilities, which came when Iran was exporting no oil. "The strait isn't really Iran's principal source of leverage. It never was," he wrote. Its strikes on US bases and Gulf cities were "far more consequential" but downplayed, since the US couldn't stop them. The real issue is "the failure of U.S. security guarantees over the entirety of the Gulf."

AI Take

Neutral

이란의 걸프 지역 원유 인프라 공격 가능성은 유가와 에너지 시장의 지정학적 위험 프리미엄을 높일 수 있습니다. 다만 실제 공격이 발생했다는 내용은 아닙니다.

#호르무즈#이란#원유

View original

Sources (2)

X@DropSiteNews02:05
X@firstsquawk02:05

Is this news bullish for the market?

No comments yet