Oil down, expectations up
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Oil down, expectations up

7:40 Mar 25, 2026
About this episode
Oil has slipped below $100 after Iran hinted it may ease passage through the Strait of Hormuz, while reports of U.S. President Donald Trump’s 15‑point plan have markets searching for a turning point — despite little clarity on what it actually involves. We look at how a Reuters/Ipsos poll showing Trump’s approval at a new low fits into the wider market mood. Plus, what new business surveys reveal about how the real economy is absorbing the energy shock. Today’s recommended read: Gulf war rattles petrodollar foundations, Mike Dolan Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest. Produced by Eliza Davis Beard, Ethan Plotkin and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
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