Based on past conflicts that have rattled oil prices, oil is likely trading in the upper range of where it should be as the Israel-Iran crisis simmers, say analysts at Citigroup.
Geopolitical risk comes and goes. Why the S&P 500 will ride the Israel-Iran crisis out too.
Citi thinks the impact of the Israeli-Iranian conflict is short-term and the S&P 500 will ride it out, as it has previous conflicts.
