This should boost oil companies like KMI RDSA BP etc. Demand should increase as we go into the summer (driving season). Iran will take months to get back to full capacity (mil barrels a day), think prices could run in the medium to short term.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.