The three-tier impact of the Iran situation on the capital markets

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Why is the Iran situation important? Key ports are the most critical strategic resources

Market attention on Iran is primarily about “energy.” As a regional power in the Middle East, the Iran situation influences global energy prices.

This is not because Iran is a major global resource exporter. Iran’s proven crude oil reserves are about 200 billion barrels, second only to Venezuela and Saudi Arabia, ranking third worldwide; Iran’s proven natural gas reserves are only behind Russia, making it the second-largest globally. However, due to exploration technology and economic sanctions, Iran’s resource exports are limited. Crude oil exports account for only 2.6% of the global total, and natural gas exports are even lower, at just 0.7%.

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