Here’s what each additional month of Iran-conflict disruption means for oil prices

Despite ongoing tensions in the Iran conflict, oil prices have remained surprisingly stable, according to JPMorgan analysts. This stability is somewhat surprising given the potential for disruptions. However, analysts emphasize that the situation could change significantly if the conflict continues for another month, especially if China, a major player in global oil demand, is affected. The ongoing conflict's impact on oil prices underscores the delicate balance between geopolitical tensions and global energy markets, highlighting how dependent the market is on international dynamics and global economic players like China.