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Growing Israel-Iran Conflict and Its Impact on Energy Markets

Columbia Energy Exchange

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Geopolitical Tensions and Oil Prices

This chapter explores the implications of the escalating Israel-Iran conflict on global oil prices, currently sitting at a moderate $75 per barrel despite geopolitical risks. It examines traders' reactions to uncertainties in the oil market, highlighting the complex dynamics at play, including recent military actions and their limited impact on supply. The discussion also considers the long-term nature of these tensions and their potential effects on future oil pricing and global economic dynamics.

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