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Amanda Cooper and Peter Devlin discuss the week that was, including Reuters revelation that a total of $7 billion oil price bets ahead the Iran war news.
Hear how US jobs numbers beat expectations beat for a second straight month and what another court ruling on tariffs could mean to the global economy.
Oil prices have fallen thanks to investor optimism that the Iran conflict could soon be resolved. But the situation may be more complicated than it appears, cautions Jerome Dortmans, co-head of Global Oil and Products Trading in Goldman Sachs Global Banking & Markets.
He discusses the drivers of the crude oil and refined product markets, as well as some potential trading opportunities, in this conversation with Chris Hussey.
Recorded on May 7, 2026
The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products.
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights.
The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights.
Trump’s shoot-to-kill order in the Strait of Hormuz wasn’t a show of control. It was an admission that Washington still has the firepower to escalate—but no longer has the leverage to resolve the crisis on its own.
🚢 Why Trump’s new rules of engagement are likely to keep the Strait of Hormuz closed longer, not reopen it faster
⛽ How the order locks in higher gas prices for American households just months before the midterms
📈 What rising insurance costs, elevated oil prices, and disrupted shipping reveal about the economic cost of escalation
🇪🇺 Why Europe is now building a coalition to clear Hormuz without the United States
🛡️ How America’s military posture made US participation politically toxic even in the operation it demanded allies create
📉 What viewers will learn about the domestic blowback: fuel inflation, policy incoherence, and the political burden of a self-inflicted energy crisis
🌍 Why this moment matters beyond one strait—because it shows allies building parallel security capacity when American leadership becomes the obstacle rather than the solution
This is not just a story about one military order or one shipping lane. It is a lesson in how raw power can still escalate a crisis while losing the ability to shape its outcome—and how that vacuum is now being filled by others.
Oil traders shrug at U.S. President Donald Trump's Iran ceasefire extension. Tesla kicks off a crucial earnings week. Plus, Kevin Warsh signals a future where Fed independence comes with real trade-offs.
The International Energy Agency said global oil demand will decline this year as a price surge caused by the Middle East conflict wipes out growth. Bloomberg's Anthony di Paola breaks down the situation.
Continental Resources founder and Chairman Harold Hamm joins ‘Mornings with Maria’ to warn of oil price spikes tied to Iran’s Strait of Hormuz threat and underscore America’s energy dominance under President Donald Trump.
The Wall Street Journal reported President Donald Trump said to aides he’s willing to end the Iran war even without reopening the Strait of Hormuz. Bloomberg's Joumanna Bercetche reports.
Oil prices are climbing again with markets deeply unsettled about the US-Israeli war on Iran. The surge comes after US President Donald Trump said in an interview with the Financial Times that his preference would be to quote "take the oil in Iran" and that he was considering US boots on the ground.
We talk about this topic with Dr. Anna Mikulska, Senior Vice President at the CGCN Group, and with Chris Southworth from the International Chamber of Commerce in the United Kingdom.#dwnews#oilprices#iranwar
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Popok reports on someone close to Trump or inside his Administration perhaps using insider information about the Iran War and Trump's announcements, to make hundreds of millions of trades betting oil prices would immediately go down, and stock prices shoot up, less than 15 minutes BEFORE posted that he was in talks to settle with Iran on social media! And just who is going to investigate it?
Optimism trickled into the stock market Wednesday morning on reports that the U.S. and Iran are accelerating efforts for peace talks. "Be cautious," argues Kevin Green, at least until Iran itself confirms the talks about happening. In the meantime, he explains how the headlines crushed crude oil price and lifted airline stocks.
Also on KG's radar: Arm Holdings (ARM), which rallied double digits overnight after announcing a new data center CPU chip.
Oil trades back above $100 as the Iran war enters a third week. Markets watch a packed central bank calendar while U.S.–China trade talks begin in Paris, with a possible Trump–Xi summit now uncertain.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter.
The show features prominent leaders spanning the worlds of business, finance, politics and culture.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy.
From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.
The Economist’s capital markets correspondent, Joshua Roberts, joins Rosie Blau, co-host of The Intelligence podcast, to explain why low-quality stocks over-perform during moments of market turmoil, how rising oil prices linked to the Iran war are shaking global markets, and why uncertainty can sometimes make riskier investments surprisingly appealing.
The United States has announced a 30-day waiver allowing certain countries to buy sanctioned Russian oil, as Brent crude surpasses $100 per barrel.
The move comes amid Iran’s closure of the Strait of Hormuz and attacks on Gulf shipping.
In this World Talks interview, Scott Lucas, Professor of American Studies at University College Dublin, explains how the waiver benefits Russia, the risks for global energy markets, and the wider geopolitical implications.
The discussion also examines the challenge for Europe in supporting Ukraine while managing Middle East instability.
Host: Sascha Fahrbach