Citi: Middle East Oil Risk Grows

Geopolitics

CITI'S TAKE

Geopolitics became the focus again over the weekend amid attacks in southern Lebanon between Israel and Hezbollah, in addition to Libya’s political situation having worsened. In particular, Libya’s divided elites spar over the Central Bank’s independence and control of oil revenues, increasing the risk of a disruption of up to 900-k b/d of li…