Energy shortages and economic pain are still coming even after a US-Iran peace deal, strategist says
Strategist David Roche is warning of an energy shock that could last long after the Iran war is over.
Handout Photo by the U.S. Navy via Getty Images
- The oil market could remain distorted long after the Iran war ends, David Roche says.
- The bearish strategist thinks the world is facing a 10% energy supply shortage even with a peace deal.
- The lack of available supply could cause the world economy to contract by 3%, he estimated.
Oil markets aren't going back...