Sari Beneshour
👤 SpeakerAppearances Over Time
Podcast Appearances
Six more tankers have been hit.
Reuters has some pretty insane video of tankers burning on the water.
Iran's new supreme leader, in his first official message, says the Strait of Hormuz will stay closed.
Brent crude has hit $100 a barrel.
Bradley Saunders is North America economist at Capital Economics and is here to talk about it.
Oil prices are now headed back towards $100 a barrel.
Does it feel like they are going to stay there for a while?
I mean, we have seen some infrastructure damage in both the Gulf countries as well as Iran.
Treasury yields rose, meaning investors are less interested in them.
You want to decode that for us?
Countries have agreed to release 400 million barrels of oil from strategic reserves.
Markets did not really respond very strongly to that.
Bradley Saunders, North America economist at Capital Economics.