Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran. After oil tanker traffic through a key chokepoint, the ...

Analysts have flagged the risk of an oil price shock as geopolitical tensions escalate. Oil prices have climbed 10% in the last week amid tensions between the US and Venezuela and unrest in Iran.

About the author: Matt Gertken is chief strategist of geopolitical strategy and U.S. political strategy at BCA Research. Investors could be forgiven for ignoring Iran’s rolling periods of civil unrest ...

Editor’s note (March 14th 2024): An earlier version of this story made an error in reporting Badr Jafar’s assessment of “grey-zone” trading. We regret the ...