Oil’s Rally Stalls as Hormuz Deadlock Brings Flows Into Focus
Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz....
By Bloomberg Markets · Bloomberg Markets
Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy crunch and commodity outlook. (Source: Bloomberg)