Mihkel Nestor, an economic analyst, commented that the current oil prices, despite the conflict in Iran, are not significantly high compared to last year.
Mihkel Nestor, an economic analyst at SEB, discussed the current state of oil prices in light of the ongoing war in Iran. He highlighted that while the prices have risen due to geopolitical tensions, they are still comparable to the levels seen a year ago. Investing in the oil sector remains stable, as Nestor noted that the price per barrel today, when converted to euros, aligns closely with the approximately 70 euro mark observed one year ago, suggesting no major fluctuations in the market.
