Karoon Energy Ltd

KAR: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Karoon: Energy Prices Rise Sharply as Global Tensions Flare; Long-Term View Unchanged (Corrected)

Mark Taylor

Mar 26, 2026

We inadvertently published the wrong financial model/forecasts with the prior Karoon note, and we publish this one with the correct numbers. The rest of our commentary and analysis stands. Begun on Feb. 28, 2026, the US-Iran conflict is a highly dynamic situation choking the Strait of Hormuz.

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Karoon Energy Ltd

Karoon: Energy Prices Rise Sharply as Global Tensions Flare; Long-Term View Unchanged (Corrected)

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