Why Oil Prices Haven’t Surged Due to the Iran Situation?
A big reason is that Iran does not export that much, it's a global producer but it consumes a lot of that production. It could disrupt trade in the Strait of Hormuz where 20% of oil passes though, that would however affect its relations with its Arab neighbours and China, the biggest importer in the region.
For some time now some of OPEC members , most notably Iraq, Kazakhstan and UAE have not been following its guidelines for less production and have increased supply. As a response Saudi Arabia has done the same to lower Oil prices in order to punish those countries that have not been following the guidelines.
Maybe it just hasn’t surged yet. The world has been reducing its dependence on oil and at some time the storage and infrastructure is at its peak, which could potentially delay price reactions to news.
$OIL $EUROOIL ... Show More
Jaa bestimmt hast ja recht??Nur nebenbei unsere sämtliche regierungen kaufen seid jahren billiger Rohstoffe unter lächerliche Preisen,dann legen diese gierige Fanatiker sämtliche Steuern drauf wo dann Verbraucher bzw Bürger zahlen mehrere 100%e Aufschlag was alles in korupte betrügerische regierunge... Show More Translate
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Sat Feb 14 2026 04:52:35 GMT+0000 (Coordinated Universal Time)
