All right, joining us right now to talk more about Israel and Iran, specifically the impact for China and the energy markets, is Shazad Kazzy, the COO of the China Beige Book. And Shazad, this is a little different than what we usually bring you on to talk about. Geopolitics obviously flaring up in a big way.You're here to tell us what that means for for China, the other big superpower in the world. Yeah, I think the the key thing for China is first of all, they've already come out and said that they are op ...

Steve, thank you very much for joining us this morning. I I went to John Kilduff just this past uh couple of minutes and asked about what would happen hypothetically if the US got more involved and what's happening between Israel and Iran. I wonder what your take is on the market reaction to the US hypothetically becoming more involved in the conflict.Well, good morning, Dom. And uh you know that is certainly a concern. I I would say that um right now we seem to be on the sidelines.I I think I think the mar ...

I just laid out a laundry list of potential catalysts and factors at play. Can you tell us why the markets are not reacting more forcefully to everything going on domestically and abroad. I it's really quite a moment when you look at the constellation of of geopolitical risks.But one thing that I can say with the perspective of covering geopolitics and markets for 25 years is that the perceived importance of Middle East conflict and its relationship to the oil price has um declined over time. But I think in ...

All right, let's talk markets. Ahead of a big week, investors paying close attention to fighting between Israel and Iran as well as the Fed. The central bank's going to be issuing its latest interest rate decision on Wednesday.And right now, we want to bring in Lori Calvacina. She is head of US equity strategy at RBC Capital Markets. And Lori, we thought we had a little bit of idea of how the markets were headed.We've been looking at inflation coming down. We thought maybe that was going to help the Fed get ...

Iranian missiles kill at least eight people and hit the key Haifa oil refinery as Israel targets command centers of Iran’s Revolutionary Guard. Photo: Atef Safadi/EPA-EFE/Shutterstock ...

I want to start with the worst case scenario, something that most analysts are saying isn't really likely. Let's say there is a complete disruption to Iranian oil supply and a closure of the Strait of Hormuz. How high does the oil price rise.Morning. Yeah, I think fair to say that's not a base case, but if you're talking about really extreme scenarios, we've considered a case where even if only very temporary, oil prices could get, for example, above $200 a barrel. And if you're just looking at historic rel ...

>> GOOD MORNING, THIS IS BLOOMBERG "DAYBREAK EUROPE." I’M TOM MCKENZIE IN EUROPE. HOSTILITIES BETWEEN ISRAEL AND IRAN ENTER A FOURTH DAY, STOKING FEARS OF A WILDER WAR IN THE MIDDLE EAST. PRESIDENT TRUMP SAYS THE TWO SIDES PLAY NEED TO "FIGHT IT OUT" BEFORE A DEAL CAN BE REACHED.OIL SUSTAINS GAINS WITH A MARKET BRACING FOR REBUYCKS DUCTIONS. GOLD NEARS A HIGH. AND TENSIONS IN THE MIDDLE EAST AND GLOBAL TRAILED SET TO DOMINATE.GOOD MORNING. SO GEOPOLITICAL TENSIONS WITH THE FOCUS ON THE MIDDLE EAST CONTINUE ...

Core Viewpoint - The ongoing conflict between Iran and Israel is causing significant volatility in oil prices, with energy company CEOs expressing caution in making predictions about future price movements [2][3][7]. Group 1: Company Responses - Lorenzo Simonelli, CEO of Baker Hughes, emphasized the unpredictability of oil prices, stating that attempts to forecast them are likely to be incorrect [2]. - Meg O'Neill, CEO of Woodside Energy, noted that the company is closely monitoring the conflict's impact on global markets and highlighted the significant effects on forward prices due to recent events [3][4]. - Both CEOs indicated a wait-and-see approach regarding their projects, reflecting the fluid nature of the situation [3]. Group 2: Geopolitical Context - The Strait of Hormuz, a critical waterway for global oil transit, remains open as of the latest reports, although there are concerns about potential Iranian actions to close it in response to the conflict [5][8]. - Approximately 20% of the world's oil passes through the Strait of Hormuz, underscoring its importance in the global energy supply chain [7][8]. - Historical precedents were cited by O'Neill, linking oil prices to geopolitical events, including World War II and the 1970s oil crisis [7].

12 Jun 2025 15:07:47 ET │ 11 pages Oil Monitor Ongoing geopolitical tensions provide a selling/hedging opportunity V i e w p o i n t | CITI'S TAKE We are bearish on oil prices from current levels of $68-70/bbl Brent, expecting them to fall $60-65/bbl over the coming months, as oil fundamental pointing to a significant surplus during 2H'25, driven by OPEC+ returning its spare capacity to the market. We recommend producers take the opportunity to hedge into rallies related to any Israeli or US military action ...

15 June 2025 | 12:54PM HKT China Transportation Impact of potential Iran oil supply disruption - higher fuel cost for airlines and higher compliant tanker fleet demand Goldman Sachs China Transportation The Brent oil price has risen 12% over the past week to $74/bbl following escalating tensions in the Middle East and Israeli strikes targeting Iran's nuclear program. Our commodities team sees a higher geopolitical risk premium in the near term, while they still assume no disruptions to oil supply in the Mid ...