Analyst warns prolonged conflict could push oil prices higher #CGTN

Analyst warns prolonged conflict could push oil prices higher
With the conflict in the Middle East intensifying and fears the strategic Strait of Hormuz – through which roughly one-fifth of global oil passes – could be disrupted, CGTN reporter Wang Tianyu spoke with Claudio Galimberti, chief economist at Oslo-based research firm Rystad Energy. He says market reactions so far have been relatively measured, but developments in the coming weeks will be key to determining future oil prices.

Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://ift.tt/687HAIU
Download our APP on Google Play (Android): https://ift.tt/woNOEdb

For more:
https://ift.tt/W8U9zPZ

Thank you for your support in keeping this website running.💛

View on “Tokyo Trend News”