Oil Eases, Dollars React: What the Strait of Hormuz Reopening Means for Markets
Oil Eases, Dollars React: What the Strait of Hormuz Reopening Means for Markets
News that the Strait of Hormuz has been reopened by Iran has helped push Brent crude oil back below the USD 90pbl level. Derek Halpenny, Head of Research Global Markets EMEA & International Securities speaks to Matthieu Gloux Head of Global Client FX Sales about the implications for the US dollar and monetary policy if this re-opening proves lasting.
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