The US-Iran conflict is lasting longer than most originally expected.
Because the uncertainty remains too great, I will refrain from offering estimates for the range of WTI prices.
As I wrote last month, “I have no idea where the US-Iran conflict is headed or what to expect for oil prices over the next month.”
I have a hunch that this conflict may last into the New Year.
Dinosaur
And as I have repeatedly stated, “I hope there is more stability in the Gulf so that people in the Gulf can get on with their lives and people around the world can have more predictable and affordable energy.”