Bloomberg Television
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Iran Attack: Oil Is in Escalatory Dynamic, Rapidan Says
Posted
April 15, 2024
Views
2,494
Likes
24
Comments
6
Engagement
April 15, 2024
2,494
24
6
1.20%
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2:42Now PlayingRapidan 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.
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