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Oil prices will rise everywhere if Iran moves to close the Strait of Hormuz, says BCA's Marko Papic
CNBC Television·2025-06-18 11:31

Joining us now to talk about the market implications of uh the war between Israel and Iran. Marco Papich, macro and geopolitical analyst at BCA research. So far, not not even in the oil markets, not a huge uh um effect at this point. What could that change, Marco? What would change that? Well, I think the only thing that really matters is Iran's level of willingness to interdict energy supply transiting through Straits of Hormuz. That is ultimately the only thing that investors are watching. So whether US a ...