Observable data points shared across all narratives
Increased military tensions in Iraq and the Middle East raise concerns about oil supply disruptions, putting upward pressure on crude oil prices.
This is not investment advice. Market exposure is based on conditional event analysis.
Iraqi armed factions carried out 23 military operations targeting US bases in Iraq on March 25-26, with an air strike hitting a pro-Iran militia base near Baghdad on March 28. These attacks escalate tensions between US forces and Iraqi militias, impacting Iraq's security and potentially drawing in regional actors. Concurrently, Iran launched strikes on US facilities in Bahrain and other regional bases, widening the conflict's scope.