 "oil, oil prices, brent crude, oil crisis, currency depreciation, iran oil crisis, global oil, oil firms, economy")
It has been a choppy week for oil prices that surged past the $70 a barrel mark after the largest-ever disruption of crude production in Saudi Arabia amid drone attacks on its key facilities. However, prices cooled-off after Saudi Arabia's energy minister said the Kingdom will be able to restore lost oil production by September-end.
If this truly is a temporary, one-off disruption, then oil prices could stabilise near current levels, believe analysts at Nomura. On the other hand, if there is strong retaliation or more drone attacks, the situation could spiral out of control and in the worst case,
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