Shale Oil Executives Lament: 'Chaos' Triggered by Iran War Sweeping Oil Markets
Despite rising oil prices, U.S. shale oil executives continue to complain that market volatility triggered by the Middle East conflict has not made their work any easier.
In a series of anonymous comments within a report released by the Dallas Fed on April 23, energy executives pointed to long-term uncertainties surrounding the war's outcome and its effects on supply and demand. Some individuals surveyed by the bank criticized what they perceive as President Donald Trump's inability to articulate the underlying logic of the conflict.
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