About this episode
Global oil prices fluctuate amid uncertainty over the duration of the conflict in the Strait of Hormuz, with markets unable to predict whether its a temporary hiccup or a major crisis. Mixed signals from the White House and ongoing military activity create a feedback loop, where steady prices ease pressure to resolve the issue quickly. However, recent price increases suggest markets are losing hope for a swift resolution, potentially leading to sharper fuel price increases if the blockage persists.
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