Energy

Trump considering strikes on Iranian energy targets within days - Axios

Source: Axios

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DW NOTE

The US last struck Iranian infrastructure in January 2020 — Soleimani's convoy, not oil fields. Attacking energy targets is a different threshold. Iran exports 1.5 million barrels per day through the Strait of Hormuz. If Trump proceeds, crude won't stay at $85 for long, and the 4.67% 10-year yield won't hold with risk premia repricing overnight.

Read the full story at Axios →

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

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