Geopolitical··Severity 8
Oil Holds Drop as Saudi Arabia Seeks to Restore Pipeline
Oil held a drop on signs that supply disruptions in the Middle East are set to ease, with Saudi Arabia seeking to restore capacity of its damaged East-West pipeline.
Global fuel markets have been squeezed by the combined impact of the US-Iran conflict and the war between Russia and Ukraine, with Kyiv pummeling Moscow’s refineries. Bloomberg's Will Kennedy breaks down the situation.
(Source: Bloomberg)
Scenario chain
Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.
A
66%Эскалация
Forecast derived from cascade analysis. Watch confirmation indicators below.
Primary source: Bloomberg Markets
Ваши вероятности A/B/C
C 33%