Global Oil Supplies Face Breaking Point if Iran War Persists into June

J.P. Morgan strategists warn that the oil market's buffer against Middle East export disruptions could buckle by early June if the conflict, referred to as the 'Iran war,' continues.

30 Apr, 17:14 — 30 Apr, 17:14

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marketwatchMostly Factual120d ago

Oil supplies may hit a breaking point if the Iran war lasts into June

The buffer that the oil market has relied on following disruptions to exports in the Middle East could start to buckle as soon as early June, according to strategists at J.P. Morgan.

By Myra P. Saefong

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Global Oil Supplies Face Breaking Point if Iran War Persists into June

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Oil supplies may hit a breaking point if the Iran war lasts into June

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