Iran war: Crude unlikely to cross $100 despite Hormuz disruption, says X
Iran war: Crude unlikely to cross $100 despite Hormuz disruption, says X is drawing significant interest across the industry.
As missiles fly across West Asia and the Strait of Hormuz faces disruption, energy markets are bracing for volatility. However, X-Analysts Founder and CEO Mukesh Sahdev believes the oil shock may be less severe than feared, with global producers, seasonal demand factors and prior market pricing helping prevent an extreme spike in crude prices.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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