The latest IEA report estimated that even if the conflict in the Middle East ended in June, oil markets would remain disrupted "well beyond 2026" It's difficult to predict how the price of a barrel will evolve... but a de-escalation could already bring the price back to around $90/bbl on average over the year, right?
In any case, each day that passes makes the situation worse. Yesterday Fatih Birol warned that the situation could worsen significantly around August if nothing changes.... the world risks running out of fuel, diesel in particular. In the middle of the holiday period, it will be complicated for families. Prices will inevitably rise further, which is a shame for inflation and the economic growth of States.
The latest IEA report estimated that even if the conflict in the Middle East ended in June, oil markets would remain disrupted "well beyond 2026"
It's difficult to predict how the price of a barrel will evolve... but a de-escalation could already bring the price back to around $90/bbl on average over the year, right?
In any case, each day that passes makes the situation worse.
Yesterday Fatih Birol warned that the situation could worsen significantly around August if nothing changes.... the world risks running out of fuel, diesel in particular. In the middle of the holiday period, it will be complicated for families. Prices will inevitably rise further, which is a shame for inflation and the economic growth of States.