Recent intelligence reports, citing anonymous U.S. officials, have brought to light serious allegations that Iran made concrete preparations to deploy naval mines within the critical Strait of Hormuz. This revelation underscores the volatile geopolitical landscape of the Middle East, particularly following the United States’ “Operation Midnight Hammer,” a targeted strike […]
Tag: Oil Markets
Oil Markets Refocus on OPEC as Iran-Israel Conflict Cools
Global oil markets are swiftly redirecting their laser-like focus from the recently cooled Iran-Israel conflict back to the pivotal actions of OPEC+. With the de-escalation of regional tensions allowing for a collective sigh of relief, the cartel’s impending meeting this weekend is now widely anticipated to be the next significant […]