Iran Says Hormuz Strait Completely Open
Oil markets aren’t yet buying the Strait of Hormuz reopening just yet. Bloomberg's Mia Gindis joins Bloomberg Open Interest to break down why tanker traffic hasn’t bounced back, how insurance...
By Bloomberg Markets · Bloomberg Markets
Oil markets aren’t yet buying the Strait of Hormuz reopening just yet. Bloomberg's Mia Gindis joins Bloomberg Open Interest to break down why tanker traffic hasn’t bounced back, how insurance fears are freezing shipments, and why global energy flows may be permanently reshaped—keeping oil prices higher for longer. (Source: Bloomberg)