3 articles tagged with “geopolitical risk”
Nigeria's currency weakened N3.25 at the official foreign exchange window while strengthening N25 in the parallel market to N1,340/$, as crude oil prices extended gains amid escalating US-Iran tensions.
Continued nuclear negotiations between Washington and Tehran provide near-term price stability, though deployment of a second US carrier group to the Middle East reintroduces geopolitical risk calculations for crude benchmarks.
Continued US-Iran diplomatic engagement provides cautious optimism for energy markets, but the deployment of a second US aircraft carrier to the Middle East threatens to reintroduce geopolitical risk premiums into crude pricing.