Traders stress test books for oil prices at $200 to $300 a barrel, Gunvor CFO says

- Oil traders are stress‑testing their books against a scenario in which crude prices surge to $200 to $300 a barrel because of the Iran crisis, having learned to do so during the sharp gas price spikes during the Ukraine crisis in 2022 to 2023, Gunvor chief executive Jeff Webster told the FT Global Commodities Summit.