Israel, Iran and oil

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Goldman with the note.


While the geopolitical situation and the potential Israeli response remain highly uncertain, we provide early thoughts on how Iran’s attack on Israel may impact the oil market in Q&A format.

Q1. What are the key factors driving any potential reaction in oil prices to the events over the weekend?

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.