And he said Tornqvist: “I am very confident that this (conflict) will have absolutely no impact on supplies Oil. “The market seems to be more focused on concerns about the lack of growth in oil demand.”
According to Bloomberg, the crude oil market was largely unaffected by the tensions in… The Middle East Over the past year, physical shipments were not affected.
The attacks were managed The Houthis On ships in Red Sea In response to Israel’s war in Gaza, only some supplies are delayed, as ships take the longer route around Africa.
Even as tensions escalate this week, with Send Israel For ground forces to LebanonCrude prices fell Brent In today’s trading, Tuesday.
Brent is trading near $71 a barrel as consumption remains weak, especially in China.
Meanwhile, prepare Libya to restore production, after its rival governments reached an agreement on leadership of the central bank, people familiar with the matter told Bloomberg.
