The increase in political tensions in the Middle East and North Korea had given oil prices a bit of a boost, but this already seems to have faded. Indeed, barring a dramatic escalation of the conflicts, very little oil supply is at risk and as long as Iran continues to stick to its side of the nuclear deal we doubt that President Trump will re-impose sanctions on the country.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services