Natixis Predicts Stable Oil Prices Amid Middle East Tensions

Natixis research team suggests that oil prices may remain around $80 per barrel in the short term, despite ongoing tensions in the Middle East. According to Jin10, the team notes that Iran's ability to disrupt oil flows in the region is limited. Recent military actions by the U.S. and Israel have primarily targeted military and aviation facilities in Iran. Although Iran attacked a Saudi refinery and a Qatari liquefied natural gas facility earlier this week, there has been no significant disruption to overall energy supplies. The report highlights that only minor short-term disturbances have occurred in oil transportation through the Strait of Hormuz.