"No one knows how this ends"
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"No one knows how this ends"
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Two weeks into the war between the US-Israeli forces and Iran, commodities and financial markets have whipsawed on every indication of a quick end to hostilities or signs of an extended energy-supply shock.
To help clarify the outlook, Mohammad Darwazah, the head of Energy 360 at Energy Aspects, joined Medley Advisors' weekly meeting. In this edited version of the meeting, quizzing him and giving their own views (in order) are Pepijn Bergsen, Fernando Posadas, Andrew Besuyen and Dan Schwartz.
"It all comes down to duration of the conflict and no one knows how this ends," said Darwazah. "Trump can declare victory unilaterally, but the Iranians are not going to live in a world where this could happen every six months so it's clear they're raising the costs sufficiently to try to deter the US and Israel from doing this again".