Middle East conflict may affect oil/gas price largely

After general election 
 

Iran’s Energy Infrastructure More Vulnerable To Future Attacks

  • Recent Israeli strikes on Iranian air defenses near energy facilities raised concerns but avoided direct oil infrastructure.
  • StanChart notes that damage to air defenses on Iran’s energy infrastructure has increased their vulnerability to future attacks.
  • Standard Chartered thinks that the market underestimated the risk of an attack on Iranian energy infrastructure after the U.S. Presidential elections.
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