15min chapter

Bloomberg Surveillance cover image

Markets Weigh Rate Cut and Geopolitical Risks

Bloomberg Surveillance

CHAPTER

Geopolitical Risks in the Middle East and Global Markets

The chapter explores the impact of geopolitical risks in the Middle East on global markets, specifically in the oil industry, discussing factors such as supply and demand dynamics, transportation constraints, and market distortions. It also delves into the shift of the U.S. oil industry from a net importer to a net exporter, leading to increased fracking activities and considerations of OPEC's role in the marketplace. The conversation extends to topics like electric cars, Erdogan's political future in Turkey, US-China relations, and escalating tensions between Israel and Iran.

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