Iran Strikes: What This Means for Oil and Global Markets
Bloomberg Television·2026-03-02 15:05
The USIsraeli war against Iran has shaken the global oil market. Iran controls about 5% of global oil and a straight of humus, a key oil trade route that carries about 1/5if of global oil flows could be impacted by the strikes. This has serious implications for all global markets.It matters for stocks because it may squeeze corporate profits and weigh on risk appetite. for bonds because it may strike inflation for currencies because it may send the dollar higher. It even matters for central bank monetary po ...