The heightened tensions in the Middle East, particularly concerning Iran and Israel, create substantial uncertainty for energy markets, particularly regarding oil prices.
As the US braces for Hurricane Milton, the impacts on energy infrastructure could compound existing volatility in oil markets, with potential shutdowns of facilities.
The escalation of military actions without US-Israeli coordination raises concerns over targeted strikes on energy facilities, which could significantly drive oil prices higher.
There is a growing tension between the need for strategic military decisions and market stability, as US officials express frustration with Israel's lack of transparency.
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