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U.S.' 'win' in the war has been choking off Iran's oil exports: David Roche
Source: youtube.com
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Oil flows through the Strait of Hormuz are likely to be far lower than U.S. claims, according to David Roche of Quantum Strategy. While economic pressure on Tehran is increasing, Roche expects it will not change Iran’s strategy of controlling the Strait, keeping supply risk elevated. This implies a risk of tighter Middle East crude availability and potential upside volatility in oil prices.
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