Oil and Natural Gas Dependence
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Asia region is cheering the temporary truce in Iran war, says KraneShares' Brendan Ahern
CNBC Television· 2026-04-08 18:38
But with reports now of $2 million tolls per passage if the straight reopens, are these rallies premature. Let's bring in Brendan Ahern. He's the chief investment officer over at Crane Shares.Brendan, it's good to see you and just kind of walk us through this step by step here. A region that we saw suffering as the Iran war went on is now snapping back quite sharply. >> Yeah, 100% Kelly.Uh, in general, Asia is highly dependent upon Middle East oil and natural gas. In the case of say Japan and the Philippine ...