Oil Prices Not Rising Despite Rising Geopolitical Tensions
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
11-Jan-24 07:00
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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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Tags: world market watch 2024, oil price supercycle, geopolitical uncertainties, middle east tensions,