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OIL: Oil Markets Complacent on Middle East Risk: Energy Aspects

OIL
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The upcoming U.S. election will be having a sway on its foreign policy while it negotiates Israels response to Iran according to Energy Aspects Director Amrita Sen. 

  • “Relations between the U.S. and the Middle East have not been the best for a while,” Sen said.
  • “Basically the U.S. is saying, yes we are sending them [Israel] messages, but it doesn’t necessarily mean they are going to listen to them,” Sen said after referring to them as a sovereign state.  
  • “I don’t think the U.S. has been able to yield the sort of power it used to have over Israel,” Sen added.
  • “From an oil point of view, the market is so complacent right now, geopolitical risks have not resulted in oil supply losses - the market is jaded,” Sen said.
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The upcoming U.S. election will be having a sway on its foreign policy while it negotiates Israels response to Iran according to Energy Aspects Director Amrita Sen. 

  • “Relations between the U.S. and the Middle East have not been the best for a while,” Sen said.
  • “Basically the U.S. is saying, yes we are sending them [Israel] messages, but it doesn’t necessarily mean they are going to listen to them,” Sen said after referring to them as a sovereign state.  
  • “I don’t think the U.S. has been able to yield the sort of power it used to have over Israel,” Sen added.
  • “From an oil point of view, the market is so complacent right now, geopolitical risks have not resulted in oil supply losses - the market is jaded,” Sen said.