Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions
Monday, 16 June 2025 () Oil prices are likely to remain capped below $80 per barrel despite the escalating Israel-Iran conflict, research firm Rystad Energy said on Monday, as Iran and Israel continue to trade strikes with the escalation now in its fourth day. “Based on our earlier disruption simulations, we see oil prices capped below $80 per barrel,” Mukesh Sahdev, Rystad Energy’s Global Head of Commodities Markets – Oil, said in a market update, carried by Africa Oil+Gas Report. The conflict appears likely to be contained and…
Tensions in the Middle East are reaching a breaking point. Iran has issued a stark warning to the U.S. and Israel after being censured by the UN's atomic watchdog, the IAEA. Tehran now threatens to withdraw from the Nuclear Non-Proliferation Treaty (NPT) and target U.S. military assets if attacked....
US President Donald Trump has announced sweeping secondary sanctions targeting nations buying Iranian oil or petrochemicals. Any business dealing with Iran’s energy sector now risks losing access to..
Equity markets faced a significant downturn over two sessions due to escalating Middle East tensions and surging crude oil prices, leading to a substantial loss... IndiaTimes
Asian markets plunged following Israel's military strike on Iran, escalating Middle East tensions. Oil prices surged over 6%, reaching $73.56 a barrel, while... IndiaTimes
Monday, 16 June 2025 ()
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