March 9, 2026
Trump Will Feel the Iran Oil Price Shock, Industry Analysts Say
Rose Kelanic, the director of the Middle East program at Defense Priorities, said she was optimistic that a coordinated release of SPRs around the world, led by the U.S. and including all of the G7 countries, could be effective at temporarily easing panic.
“It also could be that, politically, it would look bad, because it suggests that there’s going to be a longer war, and they don’t want to admit it’s a longer war,” Kelanic said.
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