First and foremost, the renewed fighting between Hamas and Israel since the weekend is a humanitarian tragedy. In this note, we discuss three specific risks to regional oil supply going forward. The upshot is that the longer the conflict goes on or the more widespread it becomes, the greater these risks will be.
Note: We’ll be discussing the outlook for oil prices and the geo-economics around the conflict between Israel and Hamas in a Drop-In today at 09:00 EDT/14:00 BST. Register here to join the discussion.
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