Will Oil Continue to Fall Amid US-Iran De-Escalation?

Source: Bloomberg Politics · Bias: Center

Summary

Henry Allen, Deutsche Bank macro strategist, discusses the implications of the two-week ceasefire between the US and Iran on markets and oil prices. "We're not seeing the data downgrades we saw back in 2022 when Russia invaded Ukraine and oil was up $120 a barrel," Allen tells Bloomberg Television. (Source: Bloomberg)

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Will Oil Continue to Fall Amid US-Iran De-Escalation?
Bloomberg Politics

Will Oil Continue to Fall Amid US-Iran De-Escalation?

Center

Henry Allen, Deutsche Bank macro strategist, discusses the implications of the two-week ceasefire between the US and Iran on markets and oil prices. "We're not seeing the data downgrades we saw back in 2022 when Russia invaded Ukraine and oil was up $120 a barrel," Allen tells Bloomberg Television. (Source: Bloomberg)