Iran war and oil prices: why markets remain restrained
As tensions escalate around the Strait of Hormuz, in our latest Energy Connects Discussions Vandana Hari, Founder and CEO of Vanda Insights, highlights how energy markets are handling the risk of supply disruption, from LNG curtailments in Qatar to shipping delays affecting Asian buyers. Despite the uncertainty, oil prices have so far avoided a dramatic spike, and Vandana explains why Brent has remained relatively contained. She also explores the likelihood of US intervention to stabilise markets, the potential use of strategic reserves, OPEC+ supply dynamics and why diplomacy remains the only durable solution to prevent a prolonged energy shock.
