Phillip Nova analyst Priyanka Sachdeva said in a report that, without a clear diplomatic resolution, the oil market is increasingly pricing a risk premium. Markets can tolerate uncertainty for a time but are losing patience when breakthroughs do not materialize, she said, adding that trading has moved beyond the next headline to increasingly price a scenario of prolonged fragility in global supply chains.

2026-10-02

Phillip Nova analyst Priyanka Sachdeva said in a report that, without a clear diplomatic resolution, the oil market is increasingly pricing a risk premium. Markets can tolerate uncertainty for a time but are losing patience when breakthroughs do not materialize, she said, adding that trading has moved beyond the next headline to increasingly price a scenario of prolonged fragility in global supply chains.