Strategy Note /
Global

Biden's Middle East trip likely won't push oil prices down

  • US President Biden visits Israel, occupied West Bank and Saudi Arabia on 13-16 July

  • Saudi-UAE oil output and the Iran Nuclear Deal are the agenda items of interest to investors

  • The trip is likely futile: UAE-Saudi maximising oil price, Israel has caretaker government, US mid-term elections loom

Biden's Middle East trip likely won't push oil prices down
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
5 July 2022
Published byTellimer Research

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