Oil Economy Focus Rapid Review
Geopolitical risks to energy supplies have affected oil prices in recent months.
Flashpoints in the Middle East and North Africa have already been the main focus of attention this year and have the potential to cause fresh price volatility, particularly as global spare capacity thins and economic recovery stokes demand growth. A close eye needs to be kept on geopolitical risk from the following countries as well as the possible effects on their main customers: Iran, Venezuela, Syria, Yemen, Iraq, Libya, and Russia; risk for the transit routes of the Strait of Hormuz and the Red Sea should also be considered.
LINK TO THE SOURCE ARTICLE: Geopolitical energy risks: Fresh price volatility for 2018?
