## Geopolitical Tensions as a Catalyst for Energy Price Growth
The oil market is demonstrating a visible reaction to the escalation of the situation in Iran. Protest movements in the country have caused a surge in quotes — February WTI crude oil futures rose by 3.10%, and RBOB gasoline contracts increased by 2.00%. Both instruments have recovered their monthly highs. Supply security is coming to the forefront, as Iran is a member of OPEC and produces over 3 million barrels daily. The US president issued serious warnings regarding the safety of protesters, and authorities have promised strict s
View OriginalThe oil market is demonstrating a visible reaction to the escalation of the situation in Iran. Protest movements in the country have caused a surge in quotes — February WTI crude oil futures rose by 3.10%, and RBOB gasoline contracts increased by 2.00%. Both instruments have recovered their monthly highs. Supply security is coming to the forefront, as Iran is a member of OPEC and produces over 3 million barrels daily. The US president issued serious warnings regarding the safety of protesters, and authorities have promised strict s