December 9, 2011
The chance of a military strike on Iran has roughly tripled in the past year, the senior geopolitical risk analyst at Barclays Capital said on Thursday.
New York-based analyst Helina Croft, writing in a note titled ‘Blowback: Assessing the fallout from the Iranian sanctions’, said even increased sanctions without an all-out military strike was increasing the risk of a spike in oil prices.
“We still contend that the risk of either an Israeli or US strike on the Iranian nuclear facilities remains low, but it has risen, in our view, from 5-10 percent last year to 25-30% now,” Croft said.
This article was posted: Friday, December 9, 2011 at 9:28 am