WS #16833
Oil prices have stabilized around $102-$105 per barrel following US strikes on Iranian anti-aircraft facilities near the Strait of Hormuz and ongoing Russian-Ukrainian kinetic activity. The geopolitical premium remains embedded in crude prices, creating a bifurcated market where energy producers benefit from higher realized prices while airlines and shipping face margin compression from elevated fuel costs.
Middle East Geopolitics
Oil prices have stabilized around $102-$105 per barrel following US strikes on Iranian anti-aircraft facilities near the Strait of Hormuz and ongoing Russian-Ukrainian kinetic activity. The geopolitical premium remains embedded in crude prices, creating a bifurcated market where energy producers benefit from higher realized prices while airlines and shipping face margin compression from elevated fuel costs.