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Energy markets face heightened uncertainty due to ongoing Iran conflict tensions

Neil Quilliam, an analyst with the Middle East and North Africa Programme at Chatham House, has warned of increased volatility in energy markets.
Recent actions by the Trump administration on the Iran conflict, he said, indicate a swift de-escalation may not be imminent.
“You’ve got 5,000 troops closing in on the region, threats against Kharg Island, and the Iranians warning of a response, saying they could target water desalination plants and energy infrastructure across the region,” Quilliam said.
“There are plenty of unknowns and a high degree of uncertainty, which will keep prices fluctuating.”

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