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Oil Prices Not Rising Despite Rising Geopolitical Tensions

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

11-Jan-24 07:00

Oil Prices Not Rising Despite Rising Geopolitical Tensions

With increased tensions in the Middle East and shipping companies avoiding the Red Sea, oil prices logically should be on the rise. However, that has not been the case. Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank explains why.

Image credit: Shutterstock.com

Produced by: Mike Gong

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob


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Categories:  marketseconomy

Tags:  world market watch 2024oil price supercyclegeopolitical uncertaintiesmiddle east tensions





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