Middle East, Oil & Energy
U.S. Oil Companies Profit From the War — But Miss the Gulf Opportunity!
1- The conflict with Iran lifted oil prices and gave the U.S. energy sector a boost after a slowdown.
2- Even so, American producers appear unlikely to capture a significantly larger share of markets traditionally supplied by Gulf exporters.
3- Other producers, including the UAE and Guyana, may be better positioned to benefit, while U.S. natural gas exports continue to expand.