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home / news releases / YGRN - Iran's Potential To Trigger A Risk-Off Event


YGRN - Iran's Potential To Trigger A Risk-Off Event

On Saturday, September 14, seventeen drones flew into Saudi sovereign territory and hit targets in the Saudi oil fields. The attack that temporarily knocked out 50% of daily Saudi output had Iran's fingerprints all over it. As the largest OPEC producer, the Saudis lost what amounted to around 6% of daily supplies. The price of oil spiked to the upside when the markets opened on Sunday evening, September 15.

The events in mid-September will not be the last word from Iran. After the US walked away from the 2015 nuclear nonproliferation agreement, the tensions in

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Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Stock Symbol: YGRN
Market: NYSE

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