Oil market absorbs war shock through buffers, but stocks run thin: IMF
AI Summary
The International Monetary Fund reports that the global oil market has absorbed significant disruptions caused by war in West Asia, but oil stock buffers are depleting. The evolving geopolitical tensions continue to pose risks to market stability and supply.
New Delhi: The global oil market successfully absorbed the largest disruption in decades following the outbreak of war in West Asia, though crucial buffers...
World Politics Markets Commodities Energy IMF report oil market West Asia conflict oil stocks geopolitical risk energy disruption