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Oil surges after Israel hits Iran: Here's what you need to know
CNBC Television· 2025-06-13 10:53
bring in Haleem Croft, global head of commodity strategy at RBC Capital Markets and a CNBC contributor. This about what you would expect with something like this. This is about what we'd expect.I think the key thing to watch now will be what will the Iranian retaliation look like beyond the drone strike that we saw yesterday. Obviously, people be paying attention to the regional energy infrastructure. There's a lot of concern over the straight of Hormuz.20% of global oil supply goes through there on a daily ...