Concerns that Iran could destabilize the global oil markets waned on Monday as the country’s retaliatory strikes on the United States broadly signaled that the regime wishes to de-escalate the Middle Eastern conflict.
Tensions remain high, however, and analysts warn that Iran could take steps that would still place upward pressure on prices without jeopardizing its revenue and supply chain.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.