#oil #fuel #iranwar - Need to see 10x more ships through the Strait to normalize oil prices: BofA’s Francisco Blanch: CNBC Television

10 August 2026

Francisco Blanch, Bank of America head of commodities and derivatives, joins 'Squawk Box' to discuss the impact of U.S.-Iran war on the oil markets, oil price outlook, impact of the Strait of Hormuz closure, whether Europe is facing an energy crisis, and more.