FGE NexantECA

FGE NexantECA Chairman Emeritus Fereidun Fesharaki told Bloomberg TV that Iran faces limited survival time due to curtailed income resulting from the Strait of Hormuz conflict. He further noted that the US may consider waiting out the regime to achieve a better deal.

Fereidun Fesharaki argues that refined oil product markets have decoupled from crude oil, thereby reshaping how global energy dynamics are understood. He stresses that to grasp the direction of oil markets, observers must pay close attention to trends in gasoline, diesel, and jet fuel rather than relying on crude benchmarks.