Video: Israel-Iran airstrikes, energy markets and the Fed
Our experts explore the outlook for oil and gas markets and U.S. interest rates
June 17, 2025
June 17, 20253 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.
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