Oil could climb back to $150 if ceasefire breaks down, warns FGE’s Iman Nasseri
Iman Nasseri, Managing Director – Middle East Research, FGE NexantECA, said the recent correction in crude prices may not sustain, as geopolitical risks continue to influence the market. He explained that earlier gains in oil prices were largely driven by geopolitical risk premiums linked to supply disruptions, and the post-ceasefire decline reflects only partial easing…
