New chapters opening up
Source: Middle East Insurance Review | Jul 2026
Has the Iran-US war come to an end? Despite the signing of a memorandum of understanding on a peace deal, uncertainty prevails as negotiations continue to address the underlying causes of the conflict and lay the groundwork for a lasting peace agreement. However, what is certain is that energy and geography have both played pivotal roles in shaping the course of the conflict and its proposed solutions. An encouraging sign is the notable drop in oil prices, with Brent crude falling to around $75 per barrel by the end of June – the lowest level since early March 2026.
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