Trump’s war pause is as costly as new strikes
LONDON, - As US President Donald Trump weighs his next steps in the Iran war, Gulf energy producers have adapted to a no-war, no-peace reality that is making…
Attributed summary
LONDON, - As US President Donald Trump weighs his next steps in the Iran war, Gulf energy producers have adapted to a no-war, no-peace reality that is making their operations more expensive and risky. Even without renewed full-scale fighting, those additional costs could help put a floor under global oil prices.The question is how long this uneasy equilibrium can last.Benchmark Brent crude fell below $90 a barrel on Tuesday for…
Read the original report — Economic Times
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