Analysts fear a wider conflict, especially involving Iran, c...
Analysts fear a wider conflict, especially involving Iran, could disrupt crude oil supply via the Strait of Hormuz. Despite a balanced oil market in Q1 2024 and OPEC's spare capacity, tensions spreading to other Middle East regions could alter this. Lack of positive data from China and U.S. war expansion fears may further pressure oil markets.
![](https://pubimg-10000538.picsh.myqcloud.com/20220509000002482ff912bb591.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment