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After the United States bombs Iran’s nuclear facilities, the oil is expected to restart Sunday, increases Tehran’s exposure to respond to the energy infrastructure or in the region of Hormuz.
This week’s most remote oil rallies will depend on how the Islamic Republic is to choose to retaliate, but raw prices are expected to be higher in all scenarios.
“Aydin red line has passed,” said Jorge León, noting the weekend bomb raids, noting that the United States was attacking Iran for the first time.
“Oil prices will increase sharply in the extreme scenario where Iran responds to their direct strikes or with the regional oil infrastructure,” he said. “Even if there is no revenge, the markets are likely to be assigned to the jump of the price of higher geopolitical risk premium (and) oil prices.”
Israel approached Iran for 10 days ago, oil prices approached 10 percent, but still not a barrel of $ 80 because oil supplies from the region is not affected. Brent oil prices, Global Benchmark, Thursday, Friday before closing $ 77, the highest price, a $ 20 barrel.
The official entry of the United States applied to the “new volatility in the energy markets” waiting for “the next action of Tehran”. The global oil markets are closed over the weekend and will be reopened on Sunday on Sunday.
US President Donald Trump warned Tehran if Iran does not “peace in Iran”, but the Islamic Republic promised to take revenge if the United States was attended by the United States. On Sunday, the rigidness in Iran called on a Sunday, which requires the parking lot of the western ships passing through the Strait of Hormuz, and western ships.
One-third of the world’s seaside oil supply passes on a day with a narrow water path, which separates Iran from the Gulf states and will cause energy prices for ships in the throat.
Iran threatened to close the throat before, although it will generally fight to completely block the water path.
An alternative answer can be seen in Iran as Saudi Arabia and Qatar in the US allies in the region and the attack of infrastructure in the US allies. To worry about involvement in the conflict, the Gulf countries have repeatedly called on hostility and return to dialogue.
In a statement on Sunday morning, the DOAN’s Foreign Ministry warned that the “dangerous tension” in the region could be “catastrophic”. Saudi Arabia said that the developments in Iran are followed by the events of “great concern.”
S & P concepts of global commodity concepts will be higher in Sunday, but the rally will be comfortable in the immediate response of the rally, he said.
“The main question is what is next,” said James Bambino and S & P in Richard Joswick. “Will Iran show us interest in us directly or through allied militia? Will Iran be suspended? Will Iran be sent to the Strait of Hormuz?”
Although Iran violates crude exports, OPEC + cartel and current global reserves increase the increase in growing production, which will be sufficient in the oil market in the event of the Strait of Hormuz.
Iran exports 2 mn barrels per day, Iran, Iraq, Kuwait, Saudi Arabia, Qatar and About 21 mn, in the United Arab Emirates, the Strait of Hormuz.
