Why energy markets fluctuate during an international crisis
- Written by Skip York, Nonresident Fellow in Energy and Global Oil, Baker Institute for Public Policy, Rice University
Stock and commodities traders found themselves dealing with various price swings as energy markets responded to Israeli and U.S. attacks on Iran.Timothy A. Clary/AFP via Getty ImagesfGlobal energy markets, such as those for oil, gas and coal, tend to be sensitive to a wide range of world events – especially when there is some sort of crisis....
