Oil Markets Seem to Be Ignoring the Geopolitical Risk Premium: Richard Nephew

The video discusses the US's unchanged policy of maximum pressure on Iran, despite leadership changes. It highlights Iran's strategic use of regional incidents to test US responses, focusing on oil infrastructure and asymmetric tactics. The oil market's lack of reaction to potential conflicts and economic factors like Venezuela sanctions are analyzed. Iran's nuclear program expansion and Saudi oil production issues are also covered, emphasizing the potential for regional crises.

What is the main goal of the U.S. policy of maximum pressure on Iran?

• To make Iran more compliant with U.S. demands

• To initiate a military conflict

• To strengthen Russia's influence in the region

• To increase oil prices

How has Iran interpreted the U.S. President's stance on military action?

• As an opportunity to expand their nuclear program

• As a reason to comply with U.S. demands

• As a sign of imminent military conflict

• As a signal of unwillingness to respond decisively

What surprising market behavior is noted in response to potential conflicts?

• Increased oil prices

• Decreased oil prices

• Immediate market crash

• Lack of pricing in the likelihood of conflict

What has Iran announced regarding its nuclear program?

• They will comply with international nuclear agreements

• They will expand their nuclear program

• They will halt all nuclear activities

• They will dismantle their nuclear facilities

What is the likely state of Saudi oil production after the attack?

• Extensively damaged and offline for some time

• Slightly damaged but operational

• Completely destroyed

• Fully operational with no damage