Middle East conflict impact on energy markets (with Kelly Evans)

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NDX

RUT

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Metals

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CNBC 4.0
Financial Media
Dan Murphy 4.0

Middle East conflict impact on energy markets (with Kelly Evans)

wti

We are seeing war risk premiums on the rise now. Both Brent and WTI moving on up in tandem. Strait of Hormuz closure, Iranian targeting of Gulf energy infrastructure, Qatar LNG supply disruption creating immediate supply shock

4 calls

+20

more right than wrong, with meaningful gains

Getting latest on fighting across Middle East, asking about oil price impact

Kelly Evans
Dan Murphy

Security situation in Gulf deteriorated with Iranian drones hitting US embassy, UAE air defense intercepting missiles, Strait of Hormuz de facto closed

Iranian state media threatening vessels, insurance market saying lane not open despite Pentagon claims
Dan Murphy

War risk premiums rising, both Brent and WTI moving up in tandem

Qatar Energy LNG supply completely offline due to drone strike - 20% of world's LNG supply gone in 48 hours
Dan Murphy

Operation could last month or more, Wall Street looking at $80 Brent and wondering how soon impacts global economy

UAE and Qatar pressuring Washington for diplomatic off-ramp
Asking about Brent vs WTI prices and natural gas spike

Kelly Evans
Dan Murphy

Risk premium in both Brent and WTI, real risk is oil price shock

Strait of Hormuz critical choke point offline, Iranians directly targeting Gulf energy infrastructure
Dan Murphy

Gulf sovereign capital (trillions) concerned about impact beyond oil - want safe haven for people and capital, not long-running war

PIF, ADIA, Mubadala, QIA watching markets and direction of conflict

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