Ziemba: US Strategic Reserves Lowest in Over 40 Years

🌐 Bloomberg (OM) —

AI Summary

Oil prices have risen following renewed US and Iranian military strikes in the Gulf region. The US accused Iran of downing an American military helicopter near Oman, contributing to heightened geopolitical tensions affecting oil markets.

Oil prices rose after fresh US and Iranian strikes in the Gulf. President Donald Trump blamed Tehran for shooting down an American military helicopter off the coast of Oman.  Rachel Ziemba, Founder of Ziemba Insights, spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the oil markets. (Source: Bloomberg)

World Security Conflict Markets Commodities Energy oil prices US strikes Iranian strikes Gulf region military helicopter geopolitical tensions

Read original source →