Lates News

Elliott Hentov, Chief Macro Policy Strategist at Dufu Global Investment Management, said that the escalation of conflict in the Middle East is unlikely to fundamentally change the market outlook. Hentov stated that since April, there has been little new evidence of increased willingness for war or heightened tensions on either side. He said that in short, neither side is seeking a return to full hostility, so the conflict may ultimately calm down. In Dufu Investment Management's spring war scenario forecasting, the company assumes that the price of Brent crude oil for the remaining year will be around $80 per barrel to reflect any residual risks inherent in any ceasefire.