Houthi Tanker Seizures Could Reignite the War Premium in Oil Markets ...Middle East

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Houthi Tanker Seizures Could Reignite the War Premium in Oil Markets
source : OILPRICE ( Middle East ) () 32
The risk premium for oil prices resulting from the ongoing Israel-Hamas War has not risen as dramatically as it did after Russia invaded Ukraine on 24 February 2022. This has largely been due to the exceptional job done by the U.S. in preventing a widening out of the conflict across the region, which would almost certainly produce a massive spike in oil and gas prices. Part of the U.S.’s success has been down to extremely deft diplomatic efforts across the Middle East, spearheaded by Secretary of State, Antony Blinken, involving the use of…

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