PRISM was featured in a Fortune article discussing the conflict in the Middle East, the potential for higher oil prices, and other supply chain risks that may be more impactful in the near term.
On Iran's recent attacks on Israel, PRISM co-founder Johan Gott noted:
Johan Gott, cofounder of Prism, a consulting company specializing in political risk, says Iran’s stunning attack demonstrated that Tehran doesn’t have the capacity to damage the parts of Israel’s infrastructure and industry that are connected to the global economy, such as its semiconductor sector. “We have removed that worry on a large scale,” he tells Fortune. “At least thus far.”
On the prospect of higher oil prices arising not just from the conflict but other changes to the global landscape, PRISM co-founder George Coe noted:
To complicate matters, an oil supply crunch could coincide with a surge in demand, given rate cuts in the U.S. and China’s new efforts to use stimulus to kick-start its weak economy. Those stimulus efforts are starting to pay off, with Chinese equity markets “spiking,” says George Coe, cofounder of Prism. In recent years, China’s faltering demand has kept commodity prices lower. So among many intersecting concerns related to a potential oil supply disruption, “you could have a demand spike and a supply problem at the same time,” Coe explains, which in turn could lead to higher prices and shortages.
Our recent report on the latest current risks was also cited:
Thus far, oil prices have been kept in check, despite the high risk of conflict in the Middle East, a bit of a historical anomaly,” Prism also writes in a new report. “But Israeli strikes on Iranian oil production or Iranian disruption of oil exports of the Persian Gulf states (Saudi Arabia, UAE, etc.) would change that immediately.
Read the full article on Fortune here.