Natural Gas and Oil Forecast: Trump Keeps Iran Blockade, Can Brent Clear $98.75?

Impact · against what's priced in

The outlook for Aramco is marginally negative due to confirmed Houthi attacks on infrastructure, though this is partially offset by the continuation of US sanctions on Iran. Overall, the risk of lower oil prices due to a shrinking geopolitical risk premium outweighs the specific operational threats.

2222.SR−0.30: No priced-in read yet
In context: Houthi rebels reportedly attacked an Aramco building in Riyadh and a pumping station on the East-West pipeline, while a general reduction in the geopolitical risk premium may cap Brent oil's upside.
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Natural Gas and Oil Forecast: Trump Keeps Iran Blockade, Can Brent Clear $98.75?

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Natural Gas and Oil Forecast: Trump Keeps Iran Blockade, Can Brent Clear $98.75?

What matters in this story

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Natural Gas and Oil Forecast: Trump Keeps Iran Blockade, Can Brent Clear $98.75?

What matters in this story

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Houthis Attack Saudi Aramco Facilities

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Natural Gas and Oil Forecast: Trump Keeps Iran Blockade, Can Brent Clear $98.75?

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