Workflow
Bronze: It’s a case of watch and wait for oil prices
CNBC Television·2025-06-13 11:28

So Richard, where could we see oil go. We saw earlier this morning it spiked. It was up about 15 14% earlier, but we've seen this before where geopolitical events happen, the price spikes, and then it just seems to come right back down.Do you think this time maybe different. Well, I think the question really depends what happens next and that's what the oil price is starting to reflect. How big is Iran's response.Is it only targeted at Israel or does it also extend maybe to US bases to other allies in the r ...