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Home Business & Economy

Israel-Iran war: Back from the brink of an oil shock?

Spluk.ph by Spluk.ph
June 27, 2025
in Business & Economy
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Israel-Iran war: Back from the brink of an oil shock?
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This week, Charles Pellegrin takes a glance again at what’s being referred to as “the Twelve-Day Warfare” with Dr Jorge León, senior vice chairman and head of geopolitical evaluation at Rystad Vitality. The confrontation between Israel and Iran with the help of the USA has weighed on world markets, sending oil costs surging amid considerations that oil provide could possibly be closely disrupted. However these fears have been – at the very least quickly – forged apart after a fragile ceasefire was introduced by US President Donald Trump. So what occurs now?



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