Reuters carry a few comments from analysts in response to the weekend developments re Trump's strike on Iran.
JP Morgan take a bit of a big pic view:
Trump floated the idea of regime change after many in the admin deniend this was a goal:
Trump is tweeting about regime change in IranANZ on the nearer term:
"With the U.S. becoming involved, the risk of Iran retaliating by disrupting the flows of oil from the Middle East has risen significantly," "Prices in the $90–95/bbl range would be the likely outcome."I passed on info a few minutes ago saying that while closing Hormuz is not going to happen, that doesn't mean there will be no disruption:
There is basically zero chance Iran will be able to close the Strait of Hormuz This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about anz warn on hormuz disruption oil could rise to us 95 bbl was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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