Flightdec Futures
MS NOW reported this week on something we all should probably know. Namely that the world is in deep trouble with the volatility and rising costs of traded oil.
This comes as oils prices surge to US$100 per barrel as Trump's war with Iran continues.
In this report, Jen Psaki talks with US energy expert Amos Hochstein.
Why the global oil market is a bigger mess than you realize
MS NOW
You may have anticipated that Donald Trump's peace "understanding" with Iran would fall apart and the war would flare back up and oil prices would surge again. But that isn't the whole story. Iran's widening attacks, Houthi attacks on Red Sea vessels, and Ukrainian attacks on Russian oil infrastructure and the ripple effects of that in neighboring countries has made things exponentially worse. And there has been no increase in Donald Trump's competence to deal with any of it. Amos Hochstein, former White House senior advisor, talks with Jen Psaki about how all of the gears are turning.