Oil price falls back as raw flow through the Strait of Hormuz

Unlock the editor’s digestion free

FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.

The oil markets canceled the Iranian regime to destroy the Iranian regime, so far the growing conflict to date.

The analysis of the financial time of the ship’s tracking information has not affected the movement of ships by the critical throat of Hormuz. Homayoun Falakshahi KPler, the head of crude oil in the company of Crude Analytics, said the number of oil tankers crossing the throat of the systems.

Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates, Qatar and the United Arab Emirates, the United Arab Emirates are crossed daily by narrowing from the Gulf states from the Gulf States representing a third of the world.

“Sunday, we are attacking energy infrastructure, but because we prevent domestic energy systems in both countries,” said Falakshahi.

Brent oil in Monday increased by Brent’s oil and more than 78 percent to trade over 78 percent on Monday, and more than $ 78 to trade over $ 71.17. The battles increased by 4 percent since the beginning of last week.

Israeli Prime Minister Benjamin Netanyahu, the change in the weekend, the change in the Islamic Republic in Tehran, the Israeli attacks “surely the Israeli attacks” could be the result of the Islamic Republic. In response to this, Pus Click Pipelines and Transmission Lines that serve the largest processing plant in Israel.

However, Israel did not target the main oil export terminals in Iran’s Kharg Island, and Tehran did not want to disrupt the transportation through the Strait of Hormuz.

“I think that Israel’s goal is to make internal logistics more difficult for Iran instead of rating international markets,” he said.

He added that the lesser tanker is less likely to load oil to the Iranian island is a temporary, cautious measure, as it happened as Israel and Iran, as in October last year, he said. A tanker loaded on the weekend, but the others have turned out that Iran has slowed its approaches to the facility responsible for 90 percent of oil exports.

Iran currently produces about 3.2 mn barrels oil One day and more than half, almost exports to China.

Iran regime, if the country is attacked, Iran’s regime prevented the Strait of Hormuz, if the country is attacked, Tehran is likely to be less likely to improve relations with Saudi Arabia and continue its exports.

In the 1980s, during the Iran-Iraq war, he targeted the targets in the throat in the throat, and recently accused the tankers near the Strait in 2019. However, this has never been not to prevent traffic. Saudi Arabia resumed diplomatic relations with Iran in 2023.

“Although the strategic criticism of a wider conflict can cause strategic criticism of the conflict, this risk has never been given in history, the group of JPMorgan teams celebrated.

The UK’s Maritime Trade Administration said that the number of large cargo ships passing the throat during the last week, but added that he did not find any information that points in a block or closure.

An oil analyst in the consultant Rystad Energy Janib Shah, said that the markets of a blockade are “unmarked area”, but it was impossible.

Instead of closing the throat, an alternative Iranian reaction, Drones, Saudi Arabia and Iraq in Iraq can lead to Tehran, who wanted to strike an oil field in Iraq.

In 2019, Iran was believed to be behind half of the largest oil refining enterprise and half of the largest oil refining and the largest oil processing plant that global oil prices are so shortly.

However, traders bet that such action will only play as a last tool.

“Currently, the actor in the region, especially in the conflict, he sees a benefit to two, the critical energy infrastructure,” he said.

Additional report by Chris Cook