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Oil Trades Near $100 as Shipping Crisis Widens
Bloomberg Television· 2026-03-12 14:03
We've seen prices come back and I believe nine straight days of gains for for Brent crude. Is is there any indication that traders expect these prices to come down amid a de-escalation. Hi.Thanks for having me on. So I think the the problem with prices is you don't know when this ends, right. There's a huge amount of oil that's being kept off the market.And until there is some kind of clarity about a resumption of flows through Hormuz is an open ended thing. So the IEA said today that you're losing about 8 ...