Reported 2 days ago
The repercussions of Israel's recent strikes on Iran's nuclear facilities could significantly influence global markets, depending largely on Iran's retaliation. Analysts from Lazard Geopolitical Advisory outline five scenarios ranging from moderate responses, which might increase oil prices by $10 to $20 per barrel, to severe outcomes that could spike prices as high as $120 per barrel if critical shipping routes are threatened. The analysts emphasize that while the worst-case scenario could trigger a military response and short-term disruptions, the overall impact on markets hinges on the intensity and nature of Iran's reaction.
Source: YAHOO