Iran shock: oil disruption manageable so far, but resilience untested

FT analysis assesses that the oil supply disruption and price impact from the Iran shock have been surprisingly contained, with the global economy absorbing the shock better than expected. The piece questions how long this resilience can last, implying uncertainty about the sustainability of current market stability. The significance lies in the potential for a prolonged or escalating disruption to test the limits of global oil supply and economic resilience.