Oil Market Starting to Price In a US-Iran Deal, Says Analyst Sen
AI Summary
Energy Aspects founder Amrita Sen says oil markets are beginning to price in the possibility of a US-Iran deal, with geopolitical risk related to the conflict largely erased from prices. She cautions that the current stalemate between the two countries could persist.
Amrita Sen, founder and director of market intelligence at Energy Aspects, says all geopolitical risk around the Iran war has been erased, but adds that the current status of a stalemate between the two nations “can continue for longer.” She speaks on Bloomberg Television. (Source: Bloomberg)