Oil sell-off premature as Trump-Iran escalation risk remains high

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Saul Kavonic, Head of Energy Research at MST Marquee, discusses the energy market’s reaction to the U.S. midterms elections. He says the sharp sell-off in oil prices may be premature, explaining that the risk of President Trump escalating the Iran war now that the midterms are over, remains “highly acute” in the next two months.