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13.04.26 - 20:42
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Two Months to get Oil Back Online is ′Optimistic,′ Says Rebecca Babin (Bloomberg)
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Rebecca Babin, senior equity trader and managing director at CIBC Private Wealth, said that the markets are using a two month base case as the predicted time it would take to get oil production back up and running after the end of war with Iran, a timeline she finds 'optimistic.' Babin said that even if US oil exports grows to 5 million barrels a day, it still won't be enough to fill in the supply lost to the closure of the Strait of Hormuz. (Source: Bloomberg)...
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13.04.26 - 19:01
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Blockade Threat Shakes Oil Markets | Bloomberg Open Interest 4/13/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Tensions spike in the Middle East as President Trump threatens to strike Iranian vessels in the Strait of Hormuz, sending oil back above $100 and rattling global markets. Goldman Sachs kicks off earnings season with a surprise drop in bond trading, even as equities shine. We break it all down with Leslie Vinjamuri joins the show on geopolitical risk and diplomacy, KBW's Chris McGratty on what's next for big banks, and Slate Auto CEO Peter Faricy on his bold plan to disrupt the EV market with a $20K electric pickup. (Source: Bloomberg)...
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13.04.26 - 17:54
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Oil prices top $100 a barrel after talks fail and Trump orders Hormuz blockade (The Guardian)
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Naval blockade an attempt to choke off flow of Iranian oil as US president threatens to 'eliminate' nearby ships Explainer: strait of Hormuz blockadeBusiness live – latest updatesOil prices jumped back above $100 a barrel and global stocks fell after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the strait of Hormuz.The US president said on Sunday the blockade would target Iranian vessels and ships that have paid a toll to Iran for passage through the strait, in an attempt to choke off the flow of Iranian oil. Continue reading......
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