Iranian attacks had opposite effect - unified GCC against them.
Joumanna Bercetche
Karen Young
More resolute unified Gulf stance after Iran targeted all six GCC states' civilian infrastructure immediately.
Could Gulf states form military coalition?
Joumanna Bercetche
Karen Young
Seeing defensive retaliation (Qatar shot down Iranian aircraft); possible offensive retaliation if energy infrastructure targeted further.
Is US insulated due to being net exporter?
Joumanna Bercetche
Karen Young
Trump administration may feel insulated but that's not how markets work; gas market more serious with larger percentage increases.
Will prices stay supported as long as war continues?
Joumanna Bercetche
Karen Young
Gradual increase as long as Strait of Hormuz not fully open; hits on Saudi refining and Qatar LNG shutdown major factors.