Talking Transports: Iran Conflict and the Freight-Market Fallout
Escalating US–Israeli strikes on Iran have injected fresh volatility into global energy and shipping markets, pushing Brent crude toward $80 a barrel and sending very large crude carrier spot rates...
By Aditya Somani · Bloomberg
Escalating US–Israeli strikes on Iran have injected fresh volatility into global energy and shipping markets, pushing Brent crude toward $80 a barrel and sending very large crude carrier spot rates sharply higher. About 20% of global oil and 25% of LNG flows transit the Strait of Hormuz, making the region critical to global trade. In this Talking Transports podcast, Bloomberg Intelligence’s Lee Klaskow convenes BI’s defense, energy, and shipping analysts to assess how the conflict could reshape