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Israel-Iran war: Back from the brink of an oil shock?

The Owner Press by The Owner Press
June 27, 2025
in Business News
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This week, Charles Pellegrin takes a glance again at what’s being known as “the Twelve-Day Conflict” with Dr Jorge León, senior vice chairman and head of geopolitical evaluation at Rystad Vitality. The confrontation between Israel and Iran with the help of the USA has weighed on world markets, sending oil costs surging amid issues that oil provide could possibly be closely disrupted. However these fears have been – no less than quickly – forged apart after a fragile ceasefire was introduced by US President Donald Trump. So what occurs now?



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