Energy markets face coming stress if no new US-Iran deal reached: analysts

AI Summary

Analysts warn of mounting stress in oil, refined products, and LNG markets if the US and Iran fail to reach a new deal to reopen the Strait of Hormuz. Skepticism around US diplomacy is rising, and geopolitical tensions threaten energy market stability.

Oil, refined products and LNG markets will face mounting stress into the fall absent a significant change in the conflict between the US and Iran that leads to a lasting reopening of the Strait of Hormuz, as Iran grows more skeptical of US diplomacy, energy and geopolitical analysts said at a July 16 International Crisis ...