Why Oil Hasn't Hit $200—and What Happens Next | Javier Blas
What happens to the global oil market when the Strait of Hormuz remains disrupted for months, tanker shipping costs explode, and China dramatically reduces its crude imports?
In this episode of Oil Ground Up, host Rory Johnston welcomes Javier Blas, Bloomberg Opinion columnist and co-author of The World for Sale: Money, Power, and the Traders Who Barter the Earth's Resources, for an in-depth discussion of the extraordinary forces reshaping global oil markets.
With Brent crude trading around $106 per barrel at the time of recording, Blas explains why the oil crisis has not produced the $200…
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