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Iran conflict isn't 'Armageddon' for energy markets yet; higher prices could benefit the U.S.

By CNBC International TV March 03, 2026 Neutral
Iran conflict isn't 'Armageddon' for energy markets yet; higher prices could benefit the U.S.
Carole Nakhle, CEO of Crystol Energy, says that the concentration of LNG suppliers pose a major risk to energy markets. She also discusses the timing of U.S.-Israel attacks on Iran, adding that the American President likely hopes that markets will correct by the time of the U.S. midterm elections.
Carole Nakhle, CEO of Crystol Energy, says that the concentration of LNG suppliers pose a major risk to energy markets. She also discusses the timing of U.S.-Israel attacks on Iran, adding that the American President likely hopes that markets will correct by the time of the U.S. midterm elections.