Rystad says Iran-Israel conflict gains grip, as oil output and trade routes ready for chokehold
Will the conflict disturb trade patterns? Sure it will, for a little while, and as things look it will take a long while. There is simply insufficient and/or the right kind or sophisticated enough hardware in Iran to be a problem for more than a couple of days. Those days may be messy but once the US Navy engages for real it’s a question of days until some semblance of normalcy returns. Also, the biggest customer for oil from the Gulf is China by a considerable margin. Followed by India. Both countries have good relations with Teheran and sure have considerable leverage to influence its behavior.
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