Will Cunliffe
Research Analyst, The Officials
The attacks are getting energetic
More attacks on energy and Iran threatens retaliation!
More attacks on energy and Iran threatens retaliation!
Eid is coming and things seemed slightly calmer on the price front. At least, until Iran said its South Pars facilities were attacked. This is where condensates and gas are produced. Iran has already threatened to retaliate against Gulf energy sites and Brent jumped to near $109. The war needs to end; the world is in the balance and roughly 16% of the world's energy-consuming activities will need to cease.
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