Strategy Note /
Iran

Iran, tanker attacks, and oil

  • Fingers pointed at Iran by the US, Israel, UK, and Saudi for three attacks on tankers off UAE-Oman coast in recent days

  • Perhaps Iran is pressuring US on sanctions relief in a new Nuclear Deal by projecting its potential for disruption

  • Or hardline elements on both sides are sabotaging a new deal. Either way, bullish oil price, but only in the short-term

Iran, tanker attacks, and oil
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
4 August 2021
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