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Even more dire as government assistance only gets through in drips and drabs. I want to get jones welcome to do business asia and we start with the latest escalations in the strait of hormuz where to oil tankers were attacked earlier today one of them allegedly hit by a torpedo the brant crude price has been volatile since the attack hitting over 62. 00 a barrel immediately often use of that attack emerged the strait of hormuz is one of the worlds most strategically important choke points along ...

In the long term talk to an analyst and he says the immediate reaction and today was partly also a result of oil going down so so much in the past days and he says that if this continues of lets say theres an escalation if there should be firm evidence that iran was behind the attacks in the us should react perhaps militarily then it would escalate and that would send the oil price back up in late april it was much higher than today so theres still a lot of room for it to move but certainly its ...

For the oil market. i think its too early to tell what it means in the medium term in the long term talk to an analyst and he says the immediate reaction and they was partly also a result of oil going down so so much in the past days and he says that if this continues of lets say theres an escalation if there should be firm evidence that iran was behind the attacks and the u.s. should react perhaps militarily then it would escalate and that would send the oil price back up in late april it was m...