Taylor Nugent

speaker

7,962 appearances 80 recordings 1 series first heard Sep 2024 last heard 27 Aug

Taylor Nugent’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 36 in all, peaking in Nov 2025 with 5.

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NAB Morning Call · Running for Cover · 1 Mar 2026 podcast

Other markets, you know, Saudi Arabian equities were trading on Sunday. matched

They were initially 5% lower. matched

Some of those were paired, but still ended the day down 2%. matched

So I think, you know, a risk-off reaction of some form is obviously likely, and a move higher in oil prices has to be expected matched

well. matched

As you said, there was kind of already some moves in that direction on Friday with oil prices up. matched

up around 3%, continuing to kind of factor in the risk that we might see something like we saw over the weekend. matched

But we're likely to see that extend. matched

Certainly some reporting from Reuters suggests that Brent was quoted around $80 a barrel or a bit over the counter on Sunday. matched

So we'll see how that washes up. matched

Yeah, that's right. matched

So, you know, Iran is a reasonably large oil producer, but it exports around 2% of global oil supply. matched

It's the disruptions to the Strait of Hormuz that are front and centre in people's thinking, I think. matched

And yeah, as you say, that's about it. matched

about a fifth of global oil supply going through there. matched

You know, there has been some comments from Iran's foreign minister saying that his country has no intention to close the Strait of Hormuz. matched

But certainly in practice, there's, you know, nothing, very little happening at the moment. matched

And those kind of insurance premier implications and other things mean that, you know, that kind of, you know, the official policy may not be the most important driver of what's happening in terms of those flows in the short term. matched

I think it's also worth calling out here that kind of it's not just oil to watch out for. matched

A similar share of natural gas seaborne supply goes through the Strait of Hormuz. matched

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