The destruction of energy production facilities as well as refining capacity in the Persian Gulf will take months and in some cases years to repair. … READ MORE >
oil prices
Market Minute: The impact of the Iran war on Latin America
During the first few weeks of the war, Latin American economies have shown resilience amid the disruption in energy flows out of the Persian Gulf. … READ MORE >
Market Minute: The Middle East isn’t a gas station for the West anymore
The Mideast has expanded its economic advantage to include petrochemicals, fertilizers and metals while diversifying into finance, transportation, and leisure and hospitality. … READ MORE >
Market Minute: The cost of failed ceasefire talks in Iran
The announcement of a naval blockade of shipping out of the Persian Gulf will only worsen the shortages of oil, natural gas, distillates, other liquids and refined products. … READ MORE >
Market Minute: Ceasefire and shipping in the Strait of Hormuz
In economic terms, the two-week ceasefire in Iran will come down to the number of ships that sail through the Strait of Hormuz in either direction. … READ MORE >
Market Minute: Price signals in the oil markets
Brent crude is now the primary price signal that investors are watching as the war in the Persian Gulf escalates. … READ MORE >
Market Minute: A reality check to the hopium over war’s end
While equity investors on Tuesday were reacting to optimism over an end to the Iran war, oil and jet fuel costs were pricing in a different outcome. … READ MORE >
Market Minute: Asian economies at risk as oil rationing begins
Rationing will be the baseline method of energy resource allocation across the dynamic Asian economies. … READ MORE >
Market Minute: Why gas tax holidays and export bans don’t work
A gas tax holiday and an export ban on U.S. crude are politically appealing, but in the end they only put upward pressure on prices. … READ MORE >
Market Minute: Oil shock, affordability and the American public
Top-line inflation is likely to increase to between 3.5% and 4%, which will carry with it second- and third-order effects even if the conflict ends soon. … READ MORE >