WS #16669
Geopolitical risks are intensifying as Israel resumes attacks in Kherson and drone strikes target energy infrastructure in the Gulf. While Iranian statements on the Strait of Hormuz have provided a temporary floor for oil prices, keeping Brent below $109, the threat of supply disruption remains acute. This environment is sustaining a flight to safety, with gold near $3,903, while energy stocks face a complex dynamic of supply fears versus demand destruction.
Middle East Geopolitics & Energy
Geopolitical risks are intensifying as Israel resumes attacks in Kherson and drone strikes target energy infrastructure in the Gulf. While Iranian statements on the Strait of Hormuz have provided a temporary floor for oil prices, keeping Brent below $109, the threat of supply disruption remains acute. This environment is sustaining a flight to safety, with gold near $3,903, while energy stocks face a complex dynamic of supply fears versus demand destruction.