Video: Israel-Iran airstrikes, energy markets and the Fed
Our experts explore the outlook for oil and gas markets and U.S. interest rates
3 min watch
BOK Financial® Chief Investment Strategist Steve Wyett and Cavanal Hill Investment Management President Matt Stephani discuss the potential impact of the Israel-Iran airstrikes and the June 17-18 Federal Open Market Committee (FOMC) meeting.
KEY POINTS
- Oil prices are likely to return to pre-attack levels, unless oil supplies coming out of the Middle East drop.
- Israel’s attack on Iran’s natural gas resources may improve pricing for U.S. liquified natural gas (LNG) exports.
- With no rate change expected, the bigger news likely to come out of this week’s FOMC meeting is the Fed’s economic projections.
Topics