Simulations of US-Iran war and its impact on global oil price behavior

• Main Authors: Ruiz Estrada, Mario Arturo, Park, Donghyun, Tahir, Muhammad, Khan, Alam
• Format: Article
• Published: Elsevier 2020
• Subjects: HC Economic History and Conditions
• Online Access: http://eprints.um.edu.my/25237/; https://doi.org/10.1016/j.bir.2019.11.002
• Institution: Universiti Malaya

We perform simulations to assess the impact of a war between the US and Iran on global oil price behavior. To do so, we evaluate different levels of war intensity and oil price behavior from a multidimensional perspective. In this context, we simulate various scenarios using a simulator which is bas...