Experts: Markets remain wary, yet oil prices show resilience
- Posted on June 24, 2025
- By The China Daily
- 2 Views
Experts: Markets remain wary, yet oil prices show resilience
As Middle East tensions intensify, Michael Ricafort, chief economist at Manila-based Rizal Commercial Banking Corp, told China Daily that investors are closely monitoring the possibility of Iranian retaliation — a move that could disrupt oil shipments through the Strait of Hormuz.
