Analyst: High oil prices may promote de-escalation of US-Iran conflict
2026-07-14 08:37
Odaily Planet Daily News BCA Research analyst Felix Vezina-Poirier stated in a report that surging oil prices may prompt the United States and Iran to de-escalate the war in the Middle East. "Both sides are willing to show strength, but neither wants to see the consequences of further escalation." As oil prices rise further, this could facilitate a resolution of the conflict. He said: "There is a risk of oil prices breaking through the 'dynamic equilibrium' range of $70 to $90 per barrel, but this surge itself will trigger a cooling mechanism." (Jinshi Data)
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