Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say - Reuters
Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say Reuters
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Notable Quotes
"There is a reason to be optimistic, but it is still too early to tell, because, as you know, after all, it is Trump."
— Takashi Hiroki , Executive
"Who knows? But it’s good enough for now to elicit a positive response from the markets."
— Brian Jacobsen , Other
"Those reports are contrary to information being provided to Trump."
— Karoline Leavitt , Politician
Key People
Brian Jacobsen is the chief economic strategist at Annex Wealth Management.
Former president of the United States known for his aggressive economic policies.
Karoline Leavitt is the White House press secretary.
Takashi Hiroki is the chief strategist at Monex.
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<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxQU19Ed2lZbkZ0QTktZDNoSjVMSWZoV0k2aWR5MTBCV0M0dFI3YTRQT21oMFlpdXM0YmxGVzJVNW5UTGhNZEhOUnpuMkpRdW9Md0hzdWhyWW1WRVFJR1U4cUU2N2dVZEY1bnpGakJtYlJfX21EX1AtS0RqUmkxeVBxcEVDTUNxV1MxQVktRjRxTUlzYl9NVDF2OVIzNFF5ZnFmeHMtTVlXRDA4TWcxREVHUGVlU3JndTZs?oc=5" target="_blank">Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say</a> <font color="#6f6f6f">Reuters</font>
Analysts predict that the Iran war will cause the oil market to shift from a surplus to a deficit in 2026, with demand outpacing supply by 750,000 barrels per day due to disruptions in the Strait of Hormuz and attacks on energy infrastructure.
Oil prices fell below $95 per barrel, and stock markets surged worldwide after President Trump announced a two-week ceasefire with Iran, easing fears of further conflict and supply disruptions.
Oil prices fell below $95 per barrel, and stock markets surged worldwide after President Trump announced a two-week ceasefire with Iran, easing fears of further conflict and supply disruptions.
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