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Why the Middle East war still convulses the oil market – Report

World 2 sources 2 countries 🔦 Under-reported 37m ago

Oil markets have experienced persistent volatility over the past five months due to the ongoing conflict between the United States and Iran. Price fluctuations are largely driven by shifting geopolitical developments and official statements from President Donald Trump, which have contributed to market instability.

A primary factor fueling this uncertainty is the strategic vulnerability of the Strait of Hormuz. As a critical maritime chokepoint, the potential for disruption in this region remains a central concern for global energy markets, sustaining the current period of instability.

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