Skip to main content

Three Iran scenarios for the oil price

The main driver of global oil prices so far this year has been concern about the potential disruption to supplies from the Middle East as a result of tensions with Iran. This Update looks at three scenarios: a gradual tightening of economic sanctions on Iran, an escalation of the crisis to a military conflict, or, more positively, a reduction in tensions if Iran scales back its nuclear ambitions.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.