Rapidan Energy Advisors Founder Bob McNally says it is understandable that oil markets shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained, but he warned that "the risk trajectory is still up." "The lack of casualties really enables Israel to take its time, but I think we’re in an escalatory dynamic, a slow, steady, but sure escalatory dynamic," he tells Bloomberg Television.
Read more: https://www.bloomberg.com/news/articles/2024-04-15/what-s-next-for-crude-oil-analysts-weigh-in-after-iran-s-attack
