Following a further week of uncertainty in relation to the Middle East conflict, including hints of a ceasefire deal, markets have continued to grind lower, and oil prices move higher. While energy futures markets continue to price in a quick fall in oil prices on the back of a cessation in hostilities, the reality of the infrastructure damage in the Middle East is beginning to emerge.
Last week, the French government indicated 30% to 40% of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of ...
Join Jane Kavanagh from AIB’s Corporate Treasury desk, AIB Chief Economist David McNamara, Donal Whelton, Head of Agriculture & Food Manufacturing with AIB Business Banking, and Patrick Higgins, Head of Consumer Research, Food & Beverage at Goodbody, for this edition of AIB Market Talk focusing on Ireland’s agriculture and food manufacturing sector.
