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FACTBOX: Oil markets brace for potential US strikes on Iran's energy infrastructure

Oil markets are bracing for potential US attacks on Iran as nuclear talks drag on, with prices opening higher Feb. 24, on perceived risks to energy shipping and infrastructure in the Middle East. Longstanding expectations by many analysts of a supply glut in 2026 are tempering price gains. S&P Global Energy CERA analysts said there is enough spare production capacity in the Gulf region to offset aOil markets are bracing for potential US attacks on Iran as nuclear talks drag on, with prices opening higher Feb. 24, on perceived risks to energy shipping and infrastructure in the Middle East. Longstanding expectations by many analysts of a supply glut in 2026 are tempering price gains. S&P Global Energy CERA analysts said there is enough spare production capacity in the Gulf region to offset aRead More

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