UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'The return of the armchair generals'
July 23 · 2 min · 170 B
0:00-2:50
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Iran struck tankers attempting to traverse the Strait of Hormuz, potentially undermining shipowners’ confidence in US protection. The Houthi struck at tankers in the Red Sea—this has always been a key area of vulnerability. Investors are likely to look for US conciliation as a de-escalation signal, and absent that have pushed oil prices higher.
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